Service Tax Articles

No Service Tax on reimbursements prior to May 14, 2015 held by SC

Posted by Bimal Jain 06 September 2018 7054 Views

The issue of taxability of out-of-pocket expenses has always been a matter of litigation. Before April, 2006 there was no specific provision to this effect. How...

Preparing and filing service tax return

Posted by Shekhar Gupta 22 November 2017 7139 Views

The Service Tax has been levied through the Finance Act, 1994 and Service Tax Rules, 1994.Currently, the rate of service tax is 15%.

Cenvat credit on deposits insurance - Banks v/s Departments

Posted by Ravi Kumar Somani 16 September 2017 3645 Views

One of the major revenue earned by the bankers is in the form of interest which is outside the purview of service tax as the same is covered in the negative list.

Critical Analysis on Reverse Charge Mechanism in Service Tax

Posted by CA Vijaykumar Gutte 11 September 2017 173388 Views

Reverse Charge (Tax Shift) Generally, service tax is payable by person providing the service who actually collect the tax and pays to government. But Section 68(2) introduced and makes prov

Point of Taxation - Illustration

Posted by CA PRAMOD SARAOGI 11 September 2017 41081 Views

Determination of Point of Taxation in accordance with Rule 3 of the Point of Taxation of Rules , 2011 Date of Providing Service Date of Invoice Date of Payment Status

Withdrawal of Service Tax Exemption for Educational Institutions

Posted by NITIN GOYAL 07 September 2017 35003 Views

With the Introduction of Negative List Regime in the year 2012, all services becomes taxable except the services which are covered in Negative List or which are exempted by government through issue of any exemption notification.

Taxability of Aggregator service

Posted by Tony John 02 September 2017 8837 Views

Discussion on definition and taxability of Aggregator service

Interpretation of New Notification for Tour Operators

Posted by Sanjay S 30 July 2017 11509 Views

There has been a major amendment in the Tour Operator Service sector through Notification No. 04/2017 dtd. 12.01.2017 which came into force on 22.01.2017.

Recent changes in ST

Posted by Nagendra Hegde 22 July 2017 5930 Views

Note on changes made via Notification 01 to 04, 2017

ST burden can be passed on by agreement but revenue cannot be asked to wait for recovery of tax dues

Posted by Bimal Jain 17 June 2017 1648 Views

Dear Professional Colleague,Service tax burden can be passed on by contractual agreement but revenue cannot be asked to wait for recovery of tax duesDelhi Trans...