Service Tax Articles

Reimbursement expenses arent includible in assessable value of services

Posted by Bimal Jain 10 September 2014 17995 Views

SERVICE TAX RECENT CASE LAWS Cenvat credit on inputs/ input services received by an output service provider prior to obtaining Service tax registration is admissible Actis Advisers Pvt. Ltd. Vs. CST. -Delhi-IV [(2014) 9 TMI 182 - CESTAT New Delhi]

Cenvat credit not available on Tower Parts & Pre-fabricated

Posted by Bimal Jain 03 September 2014 6184 Views

Dear Professional Colleague,Cenvat credit not available on Tower Parts & Pre-fabricated buildingsWe are sharing with you an important judgment of the Honble High Court of Bombay in the case of Bharti Airtel Ltd. Vs. the Commissioner of Cen

Input Service Distributor- Compliance

Posted by Madhukar N Hiregange 03 September 2014 11791 Views

Compliance - Input Service Distributor- Central Excise / Service TaxBy Madhukar N HiregangeBackgroundThe manufacturers in the past few years have often multi locational factories and warehouses to cater to the needs of customers of Just In Time deli

Imp Service tax changes in Budget applicable from 1st Oct

Posted by Bimal Jain 27 August 2014 38565 Views

Dear Professional Colleague, We are sharing with you certain amendments made vide recent Notifications dated August 25, 2014 issued by the Central Board of Excise & Customs (the CBEC): 1. Fixation of date of applicability of Clauses

Six months limit- Can it be extended?

Posted by Madhukar N Hiregange 27 August 2014 18226 Views

Revenue Augmentation 6 Month Restriction Can One Avail post 1st September?CA Madhukar N Hiregange& CA Roopa NayakExcise duty collections are expected to be about Rs. 2 Lakhs crores and Service Tax collections about 2.2 Lakhs cror

Indirect Tax & Other Laws Communique

Posted by Bimal Jain 27 August 2014 5787 Views

SERVICE TAX NOTIFICTIONS/CIRCULARS Religious pilgrimage services provided by specified organizations get exemption from Service tax In exercise of the powers conferred by Section 93(1) of the Finance Act, 1994, the CBEC vide its Notification No. 17/2

Cenvat Ready recknor

Posted by Venkatanarayana GM 25 August 2014 9266 Views

Present article is designed for discussion of eligibility or ineligibility of Cenvat Credit on input, input services and capital goods to manufacturers and service providers. Discussed provisions are general in nature for the help of readers and may

Interest under Service Tax

Posted by AKASH PHOPHALIA 20 August 2014 105160 Views

Interest Hammer on assessee- Illustrated Interest on Service Tax is charged in accordance with the provisions of Section 75 of Finance Act 1994. Rate of Interest up to 01/10/2014 is simple interest of 18% per annum on delayed payment of tax (3% conce

Does DTAA Overrides Service Tax in India?

Posted by CA Nischal Agarwal 14 August 2014 15600 Views

Import of Service The Import of Service means that the Service which is being provided by a Service Provider who is located in Non-Taxable territory and the service recipient is located in taxable territory. In such circumstances, the Service Receive

Auxiliary Educational Services - Butchered by Rationality

Posted by CA.Manindar Kakarla 09 August 2014 17895 Views

Introduction:Budget 2012 has extended a great benefit to educational institutions by providing exemption for renting and auxiliary educational services provided to or b