Service Tax Articles

No room for Builders under Service Tax net

Posted by Pradeep Jain 29 March 2010 11602 Views

Prepared By: CA Pradeep Jain Sukhvinder Kaur, LLB Introduction: - The amendment relating to Construction service has big implications and everyone is talking about the same. We have already written an article titled ‘Deeming Construction S

Service Tax Procedures

Posted by Rajiv 20 March 2010 9986 Views

As on 1st May, 2006,95 services are identified as taxable services in India. Section 64 of the Finance Act, 1994, extends the levy of service tax to the whole of India, except the State of Jammu & Kashmir

Commercial Coaching - Taxability and Exemptions from Service

Posted by CA RAMESH KUMAR AHUJA 13 March 2010 42172 Views

Commercial Coaching – Taxability and Exemptions from Service Tax ‘Commercial Training or Coaching’ services were brought into the Service Tax net w.e.f. 1st July 2003. Notification No. 9/2003-ST effective from 01/1/2003 exempted th

Govt bulldozes its way to tax port services

Posted by MONISH BHALLA 11 March 2010 4804 Views

We have come a long way from the ancient days of Lothal cargo ports. But be it Kandla or Mundra, Pipavav or Dahej, Porbandar, Sikka or upcoming Dholera, ports have always played a major role in the glory and success story of Gujarat. In the next dec

Budget 2010: Service Tax on Renting of Immovable Property

Posted by CA Chitresh Gupta 04 March 2010 62169 Views

BUDGET 2010: RENTING OF IMMOVABLE PROPERTYThe Budget 2010 has made the following important amendments relating to Renting of Immovable Property Service 'Renting' activity itself regarded as taxable service (Retrospectively amended from 1 June, 200

Back to Square One

Posted by MONISH BHALLA 03 March 2010 4581 Views

The Authority for Advance Rulings, New Delhi in the case of Harekrishna Developers, STO 2008 AAR 87 observed that the activity of building a residential unit on an earmarked plot in the Complex and making Construction thereon as per the plan, desi

Budget 2010 displeased Indirect Tax payers

Posted by MONISH BHALLA 02 March 2010 7178 Views

The reaction over budget 2010 is on air now. The Finance Minister has failed to cheer assessee of Indirect Taxes. Even the matter for implementation of the proposed GST has been deferred for one more year. The Finance Minister addressed to certai

New Services proposed in the Union Budget 2010

Posted by MONISH BHALLA 28 February 2010 9475 Views

List of the eight new Services proposed Promoting, marketing or organizing of games of chance, including lottery [Section 65 (105) (zzzzn)] Health services, include following:- [Section 65 (105) (zzzzo)] 1. Health check up undertaken by ho

Budget 2010. Highlights of Service Tax

Posted by MONISH BHALLA 28 February 2010 38787 Views

Budget Highlights – Service Tax Rate of tax on services retained at 10 per cent to pave the way forward for GST. Proposals relating to Service Tax are estimated to result in a net revenue gain of Rs 3,000 crore for the year. Proce

Port/Airport Services: At Great Expansion

Posted by Pradeep Jain 28 February 2010 6044 Views

PORT/AIRPORT SERVICES: AT GREAT EXPANSION Prepared By: CA Pradeep Jain, Monu Toshniwal The introduction of Budget 2010 has brought a drastic change in the definition of the Port/Airport services which will definitely expand t