Service Tax Articles

Analysis of Negative List

Posted by nitin 20 June 2013 14701 Views

1. INTRODUCTION In terms of Section 66B of the Act, service tax will be leviable on all services provided in the taxable territory by a person to another for a consideration other than the services specified in the negative list. Due to Section

How to adjust excess service tax payments

Posted by CA Pawan Kumar 20 June 2013 53186 Views

According to the Proviso of sub-rule (1) of Rule 6 of the Service Tax Rules, 1994 reads, Provided also that the service tax on the value of taxable s

Credit Reversal on Trading of Flats- Questions that remains unanswered

Posted by Pradeep Jain 18 June 2013 14532 Views

Introduction:- This is a court of law, young man, not a court of justice. This phrase by Oliver Wendell Holmes, Jr. is remembered by every person who loses in court of law despite being genuine and working in boundaries of la

Service Tax on Builders explained!

Posted by Amit Bajaj 02 May 2021 61612 Views

The revenue and the builders have always been at dispute when comes to leviability of service tax on the consideration received in advance by the builders/developers from the prospective buyers of immovable property to be constructed. After the ne

Point of Taxation Rules 2011 - Part 1

Posted by AMEER SHA 18 June 2013 13154 Views

Hello Friends, This is my first article on this plat form. Please go through it and let me know if there is any misatkes or areas to be improved. Are you able to guess which tax it relates to ??? Excise duty? , Income Tax ? or Service Tax&

Overview of Service Tax Voluntary Compliance Encouragement Scheme, 2013 - Series 1

Posted by Bimal Jain 18 June 2013 32201 Views

The Service Tax Voluntary Compliance Encouragement Scheme (VCES) has been implemented with effect from May 10, 2013 with the enactment of the Finance Bill 2013. We have prepared and summarized overview of the Scheme for ease of your un

Best Practices - Reply to SCN

Posted by Madhukar N Hiregange 13 June 2013 18805 Views

The service tax law has resulted in a large number of disputes [ more than 1 lakhs + pending as on date] mainly due to the fact that the law is changing frequently and drafting has been seen to have many loose ends. The trigger happy attitude of so

Cenvat Credit on services of commission agents

Posted by Pradeep Jain 12 June 2013 27150 Views

CENVAT CREDIT ON SERVICES OF COMMISSION AGENTS: A COMMON ISSUE WITH CONTRARY DECISIONS Introduction: Cenvat Credit has been a highly sensitive issue since its inception. The assessees always attempt to avail credit of every possibl

Place of Provision of Service - Including Issues

Posted by Madhukar N Hiregange 11 June 2013 39195 Views

Introduction Under earlier method of taxation (positive list based) the services which were provided in India were taxable, without any distinction of f

Reverse- Joint Charge - Possible Way Out

Posted by Madhukar N Hiregange 07 June 2013 12435 Views

Reverse- Joint Charge Under Service Tax- Possible Way Out CA Madhukar N Hiregange The common citizen, the trader [ big & small] , small scale service providers, manufacturers who in normal course are not providing services would not be registere