Service Tax Articles

Service Tax Implications of Plotted Development

Posted by CA Roopa Nayak 08 June 2016 15497 Views

CA Madhukar N. Hiregange&CA Roopa Nayak In this article we would examine what would be the effect of some services activity conducted in the course of a sale of immovable property in general and development of plots in particular. Conse

Levy of Service Tax on Under-Construction Flats - Unconstitutional

Posted by CA Nischal Agarwal 07 June 2016 15658 Views

Reliance in this connection can be placed on the decision of Hon�ble Delhi High Court in case of Suresh Kumar Bansalvs UOI [W.P.(C) 2235/2011] wherein levy of Service Tax on the value of flats sold during construction stage has been held uncons

No Service Tax Audit by the Service Tax Department or CAG

Posted by Bimal Jain 07 June 2016 5341 Views

We are sharing with you an important judgement of the Hon�ble Delhi High Court in the case of Mega Cabs Pvt. Ltd. Vs. Union of India And Ors [2016-TIOL-1061-H

Facing Summons under Central Excise / Service tax

Posted by CA Roopa Nayak 07 June 2016 16549 Views

CA Madhukar N.Hiregange & CA Roopa Nayak BackgroundThe issuing of summons under central excise or service tax is viewed with a lot of fear due to lack of awareness and uncertainty by assesses. Under Section 14 [applicable in service tax vide sect

New Taxes Imposed by Indian Government - Krishi Kalyan Cess

Posted by Padam Chhabra 04 June 2016 10259 Views

Krishi Kalyan CessThis June, the cost of services is going up. Govt. of India on 30th of May 2016, announced a new tax on all the taxable services. The new tax is Krishi Kalyan Cess of 0.5 percent which will be applicable from 1st June. This will mak

Krishi Kalyan Cess - FAQs

Posted by Bimal Jain 03 June 2016 13565 Views

FAQ on Krishi Kalyan Cess KKC to be levied at 0.5% on the value of all taxable services w.e.f June 1, 2016

No Krishi Kalyan Cess on debtors as on 13th May 2016 - Part 2

Posted by CA Raman Singla 02 June 2016 13533 Views

The enabling provisions for KRISHI KALYAN CESS (KKC) are contained in Chapter � VI of Finance Act� 2016. As per the provisions, KKC shall be applicable at 0.5% on all taxable services and the proceeds of KKC would be exclusively used for

Rates of service tax in case of Reverse Charge w.e.f. 01.06.2016

Posted by CA M. ASIF FAROOQUI 31 May 2016 17899 Views

Service Tax under reverse Charge On or After 01.06.2016 CA M ASIF FAROOQUI Sl. No. Service Abatement if any Effective ST Rate (including SWC & KKC) % payable by service provider

Krishi Kalyan Cess - Applicability & Open Issues

Posted by Bimal Jain 30 May 2016 15743 Views

Pursuing with an objective to finance and promote initiatives to improve agriculture and farmer welfare, the Government announced a new cess namely �KrishiKal

Few aspects of Krishi Kalyan Cess (KKC)

Posted by Bavesh Kumar Jain 26 May 2016 23785 Views

New levy Krishi Kalyan Cess aka KKC applicable from 01.06.2016 @ 0.5% on value of all taxable service (thus effective rate of ST increases from 14.5% to 15%).