Service Tax News

CAs exempted from collecting service tax on accrual basis

01 April 2011 at 12:06

Notification No.25/2011 - Service Tax Ministry of Finance has today issued the above Notification amending Point of taxation Rules, 2011. Rules 7 has been substituted by a new Rule whereby, point of taxation in respect specified service providers w

Posted in Service Tax | 11511 Views

Amendments in Point of Taxation Rules, 2011 and other related provisions

01 April 2011 at 12:03

Amendments in Point of Taxation Rules, 2011 and other related provisions F.No.341/34/2010-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) ****** New Delhi dated the 31st March, 2011. To A

Posted in Service Tax | 1 comments | 4731 Views

Letter by JS TRU(I) at post budget stage to clarify all issues raised by the stakeholders

28 March 2011 at 11:08

Letter by JS TRU(I) at post budget stage to clarify all issues raised by the stakeholders

Posted in Service Tax | 3363 Views

FM withdraws proposal for service tax on healthcare

22 March 2011 at 18:09

FM withdraws proposal for service tax on healthcare Bowing to demand from all quarters, Finance Minister Pranab Mukherjee today announced withdrawal of the proposed 5 per cent service tax on airconditioned hospitals with more than 25 beds and on

Posted in Service Tax | 4668 Views

Point of Taxation Rules, 2011

28 February 2011 at 14:24

Point of Taxation Rules, 2011

Posted in Service Tax | 1 comments | 19338 Views

Service Tax on Air Travel Raised

28 February 2011 at 14:07

Service Tax on Air Travel Raised The Union Finance Minister, Shri Pranab Mukherjee, while presenting the Union Budget for 2011-12, has announced that the Service Tax on air travel would be raised by Rs.50 in the case of domestic air travel and R

Posted in Service Tax | 4 comments | 7197 Views

Service Tax Provisions to be Rationalised

28 February 2011 at 13:41

Service Tax Provisions to be Rationalised Rs. 4000 Crore Net Revenue Gain Through Service Tax Envisaged in 2011-12 Union Budget 2011-12 estimates to make net revenue gain of Rs. 4000 crore for the year by way of new Service Tax proposals. In ke

Posted in Service Tax | 6183 Views

New Service Tax Notification No 51-58 released

22 December 2010 at 17:56

Service Tax Notification No 51/2010 - Rescinds Notification No. 02/2010- Service Tax, dated 27th February, 2010 - Seeks to exempt the right to use packaged or canned software from whole of service tax subject to certain conditions Service Tax No

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Service Tax Second Amendment Rules 2010

08 October 2010 at 23:01

Service Tax Second Amendment Rules 2010 - Exempts persons marketing the lottery tickets other than the distributors or selling agents appointed or authorised by the lottery organising State NOTIFICATION NO 50/2010-Service Tax Dated : October 8,

Posted in Service Tax | 2 comments | 23634 Views

Exemption from taxable service of marketing of lottery u/s 94 of FA, 1994

08 October 2010 at 23:00

Exemption from taxable service of marketing of lottery u/s 94 of FA, 1994 NOTIFICATION NO 49/2010-Service Tax Dated : October 8, 2010 In exercise of the powers conferred by sub-sections (1) and (2) of section 94 of the Finance Act, 1994 (32 of 19

Posted in Service Tax | 6507 Views