Service Tax Articles

Reverse charge and joint charge on service tax

parth jatania 20 March 2014 at 11:51

Joint charge and Reverse charge mechanism Central government in the notification no. 30/2012-ST the cases of reverse charge mechanism . This transaction are introduced wef. 1-JUL-2012 Se

A brief note on Goods Transport Agency (GTA) Service

CS Aditya Singhania 18 March 2014 at 11:25

An Insight into History of Goods Transport Agency Service Tax was first introduced on Goods Transport Operator (GTO) services with effect from 16-11-1997. However, due to several oppositions from

No Service Tax leviable on Chit Fund Business

Bimal Jain 11 March 2014 at 12:14

Dear Professional Colleague,Chit fund business constitutes transaction in money and not liable to service taxRecently, the Honble Supreme Court of India, dismissed the SLP filed by the Union of India against the judgment of the H

Refund of unutilized Cenvat Credit - Partial Reverse Charge

Bimal Jain 07 March 2014 at 12:34

Dear Professional Colleague,Refund of unutilized Cenvat credit to Service Providers providing services under Partial Reverse Charge BackgroundPartial reverse charge mechanism has been introduced w.e.f. July 1, 2012 wherein both service provider and s

Changes in ST, Excise and Custom by Interim Budget 14

Bimal Jain 18 February 2014 at 11:22

Dear Professional Colleague, The Honble Finance Minister P. Chidambaram presented the Interim Budget for the fiscal year 2014-15 on Monday, February 17, 2014 to cover expenditure until the Government's term ends in May, 2014. While presenting

Tips to Avoid Corruption: Indirect Taxes

Madhukar N Hiregange 14 February 2014 at 11:13

The last decade has seen the move towards usage of technology by the tax authorities and the traditional examination of statutory records has been gradually fading away. However the corruption in the local VAT / Excise offices across India as well as

Service Tax Implications of Plotted Development

Madhukar N Hiregange 13 February 2014 at 12:23

In this article we would examine what would be the effect of some services activity conducted in the course of a sale of immovable property in general and development of plots in particular. Consequently the impact of service tax. We also examine th

MIS- "Place of Removal" in Notification No. 41/2012-ST

Rishi 27 January 2014 at 11:49

The divisions falling under Central Excise Commissionerate, Ludhiana (Punjab) has started issuing show cause notices to the exporters who are claiming refund claim under Para 3 of Notification No. 41/2012 ST dated 29.06.2012 in respect of services ut

Service tax on services provided by RWA to its own members

Bimal Jain 16 January 2014 at 13:06

Dear Professional Colleague,Clarifications with regard to levy of service tax on services provided by RWA to its own members Background:Service tax on 'club or association service' which covers RWA, was introduced with effect from June 16, 20

Eligibility of Input Service Credit - Sales Commission

Madhukar N Hiregange 09 January 2014 at 14:03

The cenvat credit scheme is a beneficent legislation and allows for credits used for manufacture or service. Sales commission is paid for the following reasons: market creation/development, advertisement, sales promotion activities, identifying poten