Service Tax Articles

Input Service Distributor's choice taken away

Posted by Pradeep Jain 20 March 2012 26311 Views

Changes have been brought in Rule 7 of Cenvat Credit Rules, 2004 vide Notification No. 18/2012-CE (NT) dated 17.03.2012

Aligning Service Tax provisions with Central Excise

Posted by Pradeep Jain 17 March 2012 15531 Views

The Budget, 2012 has brought many changes in the Service Tax provisions in an attempt to align the same with provisio

Were Section 76 and 78 Always Mutually Exclusive?

Posted by CA Ankit Gulgulia (Jain) 07 March 2012 34930 Views

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

Posted by srikanth 06 March 2012 87883 Views

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

Posted by PUNEET GOYAL 28 February 2012 30099 Views

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

Posted by Venkatanarayana GM 27 January 2012 24111 Views

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

Supreme Court Partial Stay on Service Tax on 105(zzzz)

Posted by Yogesh Agarwal 17 November 2011 26852 Views

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

Posted by CA.Manindar Kakarla 09 November 2011 51610 Views

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

Posted by Nagesh Bajaj 24 October 2011 8672 Views

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