This article provides the detailed analysis on all such notifications issued by the CG and circular issued in this regard by CBEC
POT Rule - (7) , When Point of Taxation attracts in case of reverse charge.
Service Tax Implications on Softwares
The value of service portion in the execution of the works contract shall be equivalent to the gross amount charged for the works contract less value of property in goods transferred in the execution of the said works contract.
Remember that as per R. 66B, ST shall be levied on service provided or agreed to be provided (advance payment) and so erstwhile Rule 7 was against the essence o...
Concept of supply of goods added in GST will lessen the problem of taxation on contractors/developers.
Service tax liability on liquor license fee paid to state governments
Pre-Budget Amendment in Service Tax
If material and service portion cannot be segregated, then 70% of the value is deemed to be the standard service element as per the service tax law.
Service Tax Audits by Department - Legal Position - By CA Ravi Kumar Somani & Rakesh SaraswathINTRODUCTION:Service Tax law operates under the concept of sel
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English