Service Tax Articles

RULE 3 (5B) of the CCR - Write-off or 'Provision to write-off' versus Cenvat Reversals, Analysis

Posted by Manoj Pala 31 May 2013 43895 Views

RULE 3 (5B) of the CCR - Write-off or provision to write-off versus CENVAT Reversals, Analysis We refer to Sub-rule (5B) of Rule 3 of the CCR states that if the value of any: (i) input, or (ii) capital goods before being put

Impact of Service Tax on Different Audits

Posted by Madhukar N Hiregange 29 May 2013 83638 Views

This article provides some inputs on what care a CA should take or at least shouldbe aware when conducting the tax audit, internal audit or statutary audit. We have included some

Electricity charge from tenant not chargeable to Service Tax

Posted by Bimal Jain 29 May 2013 26008 Views

Electricity charge recovered from tenant not includible in renting of immovable property We are sharing with you an important judgement of the Ld. Commissioner of Central Excise (Appeals), Chennai in the case of In Ticel Bio Park Ltd. (2013) 33 tax

Arrest - Prosecution Under Central Excise & Service Tax

Posted by Madhukar N Hiregange 28 May 2013 49722 Views

The recent announcement on arrest has seen a flurry of activity to those wh

Analysis of recent decision in Service Tax

Posted by Madhukar N Hiregange 28 May 2013 50160 Views

SERVICE TAX Analysis of Recent Judgments The professional who wishes to practice in service tax or take care of service tax in compani

Service Tax Return (ST-3)-Viewing, Revising and Late Filing

Posted by Bimal Jain 23 May 2013 102903 Views

Service Tax Return (ST-3) - Viewing, Revising and Late Filing Service Tax Returns (ST 3) for the period July -Sept, 2012, e-filed in ACES, can now be viewed by the Assesses under View Original ST3′ View ST3′ option

Every audit objection doesn't lead to Mens rea/ Penalty

Posted by Bimal Jain 20 May 2013 10228 Views

Every audit objection doesn't lead to invocation of extended period and levy of penalty We have summarized the important judgment of the Honble Tribunal in the case of LANDIS + GYR LTD. V. COMMISSIONER OF CENTRAL EXCISE [2013] 32 Taxmann.

Analysis of Service Tax on work contract

Posted by TKKKKKK 17 May 2013 298125 Views

Work contractor definition : Works contract, for the purposes of section 65(105)(zzzza), means a contract wherein,- (i) Transfer of property in goods involved in the execution of such contract is livable to tax as sale of goods, and (i

A Handy Referencer on Reverse Charge Mechanism

Posted by CA Pardeep Chanana 15 May 2013 24676 Views

Relevant Notifications:- Notification no. 30/2012 dated 26.06.2012 later updated by notification no. 45/2012 dated 07.08.2012 w.e.f. 01/07/2012 Dual System of Service Tax Payment A. F

Understanding Reverse Charge Mechanism in Service Tax

Posted by CA Priyanka Srivastava 11 May 2013 465551 Views

Service tax is an indirect tax levied by service provider on the service recipient. The service provider collects service tax on bills raised on the service recipient and deposits it into the Government account. Hence the liability to pay service