Service Tax Articles

SC: Mere non-payment of duties is not always evasion of Taxes

Posted by Bimal Jain 16 February 2013 9415 Views

Mere non-payment of duties is not collusion or willful misstatement or suppression of facts We are sharing with you an important judgement of the Honble Supreme Court in the case of M/s UNIWORTH TEXTILES LTD Versus COMMISSIONER OF CENTRAL EXC

Service tax on CA - Contrary view on Delhi HC decision

Posted by Manoj Agarwal 08 February 2013 20713 Views

Contrary View to Honble Delhi High Court decision quashing Circular No. 154 & 158 with reference to Point of Taxation Rules, 2011 In a recent judgment dated 01-02-2013, the Honble High Court of Delhi, in the case of Delhi Chart

Inclusion of Reimbursable Expenses

Posted by CA.Manindar Kakarla 06 February 2013 15072 Views

Inclusion of reimbursable expenses in the value of taxable services: CA. Manindar Introduction: It is quite common that service providers incur certain expenditure in the course of providing taxable services. These would be reimbursed by the servi

Service Tax Registration

Posted by Ganeshbabu K 05 February 2013 121151 Views

PROCEDURE FOR REGISTRATION:- Fill the (Form ST-1) in duplicate. Enclose photocopy of PAN card and proof of address to be registered. Copy of PAN card is necessary as a PAN based code (Service Tax Code) is allotted to every assessee. These form

ST-10% or 12% - HC quashes two Circulars imposing higher rate

Posted by Bimal Jain 05 February 2013 6406 Views

Service Tax - 10% or 12% - Delhi HC quashes two Circulars imposing higher rate of Service tax We are sharing with you an important judgement of Honble Delhi High Court in the case of DELHI CHARTERED ACCOUNTANTS SOCIETY (REGD.) versus UNION O

Section 67A - Analysis with respect to Point of Taxation

Posted by Manoj Agarwal 05 February 2013 37761 Views

Section 67A Analysis with respect to Point of Taxation Rules, 2011 Clause 143(H) of Chapter V of the Finance Act, 2012 reads as under: (H) after section 67, the following section shall be inserted, namely:- 67A. The rate of servic

No direct Nexus required of Input vs.Output Services-Export

Posted by Bimal Jain 30 January 2013 10434 Views

We are sharing with you an important judgement of Honble CESTAT-Mumbai in the case of M/s Kijiji (India) (P.) Ltd. Versus Commissioner of Central Excise, Mu

Revised Schedule VI of Companies Act, 1956

Posted by PRATEEK LOONKAR 17 January 2013 120564 Views

GET-SET-GO with International Practices 1.Overview The Ministry of Corporate Affairs vide its notification no. S.O. 447E dated 28-2-2011 (as clarified by notification no. F.No. 2/6/2008-CL-V, dated 30-3-2011) has issued Revised Schedule VI which

4.94% Service Tax on Restaurant Bills - are we paying extra?

Posted by Navin 17 January 2013 63376 Views

From the plain and simple reading of the provisions of the Service Tax Law, one will simply understand that Service Tax can be levied only on the service portion of any activity. But generally the restaurant owners charge Service Tax on the total bi

Reverse Charge Methodology under Service tax

Posted by CA. RAVIKUMAR 17 January 2013 47433 Views

Reverse Charge Methodology of Service Tax. The responsibility to pay service Tax: With effect from 1st July, 2012 The Government of India has notified the concept called reverse charge Methodology, A brief explanation about the same has been inc