Service Tax Articles

'General' audit under Service Tax Rules - Ultra Vires

Posted by CS Aditya Singhania 08 August 2014 21192 Views

General audit under Service Tax Rules Ultra Virus Delhi High Court 4th August, 2014 Rule 5A(2) of the ST Rules, 1994 provides that every assessee has to provide to the officer authorized by the commissioner or CA

Failure to deduct tax at source - disallowance restricted to 30%

Posted by rajat aggarwal 07 August 2014 20871 Views

As per the existing provision of section 40(a)(ia), any payment made by way of interest, commission, brokerage, rent, royalty, fee for professional services, fee for technical services, payment to a contractor or sub-contractor on which tax is ded

No Service Tax Audit by Department or CAG

Posted by Bimal Jain 07 August 2014 14143 Views

Dear Professional Colleague,No Service Tax Audit by Department or CAGWe are sharing with you an important judgment of the Hon'ble Delhi High Court in the case of Travelite (India) Vs. Union of India & Ors. [W.P. (C) 3774/2013, C.M. No. 7065/2013] on

Simplified Approach to Export Of Services Rules

Posted by Annu Agarwal 07 August 2014 52650 Views

Dear Friends!! I came across a number of queries in relation to applicability of Service Tax on services performed in India for Service receivers Outside India.Some of the typical cases were:1. Service of Recruting staff for employment for a Company

Ultra Vires! Rule 5 of Point of Taxation Rules, 2011

Posted by Manoj Agarwal 05 August 2014 19519 Views

1. Levy Vs. Collection of Service Tax - Concept 1.1 In any taxing statute, the statutory provision imposing levy of tax (i.e. the charging section) is of foremost importance. The parliament has levied service tax by enacting the Finance Act, 1994

Partial reverse charge in the case of firms

Posted by Jatin Srivastava 04 August 2014 9277 Views

Partial reverse charge mechanism on manpower supply if service receiver is a firm As per the provisions of reverse charge mechanism on manpower supply it is applicable only in the cases, where the service receiver is a body corporate.The word body c

No ST on Deputation of employees on cost-sharing basis

Posted by Bimal Jain 02 August 2014 17839 Views

Deputation of employees on cost-sharing basis does not fall under Supply of Manpower Services We are sharing with you an important judgment of the Honble High Court of Gujarat in the case of Commissioner of Service Tax Vs. Arvind Mills Ltd. [(

Refund of Cenvat Credit for a Service Exporter - An Issue

Posted by CA. SRIKANTHA RAO T 30 July 2014 23153 Views

By CA Srikantha Rao T (B.Com, FCA) Refund of cenvat credits has been an issue which has been plaguing the service sector for the last few years with quite a few amendments being brought about in the procedure for refund ostensibly to ease the refund

Levy of ST on works contract entered prior to 1.06.2007

Posted by Harsh Gadodia 26 July 2014 17573 Views

Works contracts means a contract wherein there is a transfer of property in goods involved in execution of such contract is leviable to tax as sale of

Circular for Input Service Distributor

Posted by Pradeep Jain 26 July 2014 16906 Views

Circular for Input Service Distributor: Ate, drank absolutely nothing, and broke the glass worth twelve cents INTRODUCTION: There may be more than one factory registered under Central Excise and running under the same management. In order to facili