Service Tax Articles

New Law on Service Tax- -Gist of New Notifications

Posted by CA Nikhil Jhanwar 21 June 2012 31002 Views

New System of Taxation - Service Tax Old Notification New Notification Particulars 11/2012- 17.03.2012 24/2012- 05.06.2012 ST Valuation Rules

Works Contract vs. Commercial or Industrial Construction

Posted by Bimal Jain 19 June 2012 74534 Views

Works Contract viz-a-viz Commercial or Industrial Construction Services Valuation & Abatement Issues -Budget 2012 Recently Service Tax (Determination of Valuation Rules), 2012 vide Notification No. 11/2012 S.T dated 17.03.2012 ame

How to determine value of service portion in works contract

Posted by Rabish Chandra 18 June 2012 44170 Views

How to determine value of service portion in the execution of a works contract. *Rabish Chandra (contact @rabishchandra on twitter) *The information is for general awareness and may not be relied upon for any legal purpose. Views

Water spilled on happiness of Assessee

Posted by CA Akshay Yetiwar 18 June 2012 10201 Views

Yesterday a wave of happiness flowed in the minds of all the service tax assesse , as some learned person from the our professional community pointed out a defect in the new amendments made in the Service Tax Law viz. section 68 of the Finance A

Renting of Immovable Property Service - Developments and Issues

Posted by CA.Manindar Kakarla 13 June 2012 54825 Views

Renting of Immovable property service is one among the services which has huge implication as to the coverage of number of assessees and the quan

Taxing becomes more complex

Posted by CA.Unnikrishnan.S 11 June 2012 17824 Views

Under the current service tax provisions construction of residential complex service was one of the services which was subject matter of litigation all over India.Various Departmental circulars giving contradictory clarifications as w

New Service Tax Regime on Negative List -1st July, 2012

Posted by Bimal Jain 07 June 2012 118324 Views

New Service Tax Regime on Negative List applicable from 1st July 2012 The Central Government vide Notification No. 19/2012-ST dated 05.06.2012 has announced Date of Introduction of new regime of most awaited Negative List a

Overview of Compounding of Offences under the Service Tax

Posted by Bimal Jain 06 June 2012 18453 Views

The Central Government by exercising the power conferred by clause (i) of sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994) has made the Service Tax (Compounding of Offen

A Negative List in Service Tax Levy- Impact on Construction Industry

Posted by CA Nikhil Jhanwar 29 May 2012 36668 Views

Introduction It was 18 years ago when the levy of service tax was introduced with a meagre three services which has now grown manifold to 119 services. The scope of services has

Analysis of Service Tax Rules, 1994

Posted by PUNEET GOYAL 28 May 2012 46943 Views

(Before proceeding further please read the disclaimer at the bottom of this write up) Service Tax Rules, 1994 are being amended as follows: A. As per Rule 2 (cd) of STR, 1994, now partnership includes a limited liability partnership. Now it wil