Service Tax Articles
Were Section 76 and 78 Always Mutually Exclusive?
Where a person is liable to pay service tax u/s 68 and fails to credit the tax or any thereof to the account of the Central Government within the prescribed time limit then he shall be liable to pay taxes along with applicable interest under section
Maintenance of Records under Service Tax
MAINTENANCE OF RECORDS FOR SERVICE TAX - By Srikanth.Manne With the blessings of the God and my Gurus and inspiration from Bosses, Colleagues and my family members I am writing and posting this first article. Service tax assesses are gover
Analysis of Short Term Accommodation Service Introduced by Finance Act, 2011
Analysis of Short Term Accommodation Service Introduced by Finance Act, 2011 Taxable Service As per section 65 (105)(zzzzw) taxable service means any service provided or to be provided to a
Taxation on negative list of services
Introduction: Finally the ministry of finance in India is moving ahead in reducing ambiguous and unnecessary litigation in the field of service tax. Service tax is the major source of revenue to the government which is contributing nearly more tha
Analysis of Point of Taxation Rules, 2011 along with examples
ANALYSIS OF POINT OF TAXATION RULES, 2011 ALONGWITH SUITABLE EXAMPLES As we all are aware that earlier service tax was payable on receipt of payment in respect of taxable services provided. But with the introduction of Point of taxation Rules, 20
Supreme Court Partial Stay on Service Tax on 105(zzzz)
The service tax is dealt with the finance act and is the levy which is not having own act. The task of administartion is entrusted to the Central Board of Excise and Cutoms.When the service tax imposition was first ever started in India no body have
Rule 3 of Point of Taxation Rules, 2011
Background: Before making a study of Point of Taxation Rules, it is important to know the objective of introduction of these rules. Under any Indirect Tax, the process of levying tax is governed by two events. These a
A Step Closer to Goods and Service Tax
The central and state governments moved closer to ushering in a nationwide goods and services tax on April 1, 2011, that will simplify the manner in which corporates, small enterprises and traders will be levied taxes on goods and services. The re
Concepts in Indirect Taxation
The tax is the price which we pay for a Civilised Society- Justice Holmes of US Supreme Court. In a civilised society a citizen demands law and
Taxation of works contract services under Service Tax
Works contract services were brought into service tax net by the Finance Act, 2007, w.e.f 01-06-2007 vide notification No. 23/2007-ST, dated 22-05-2007. Works contract in general terms can be understood as a contract which involves transfer of prope
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