Service Tax News
Govt reduces excise duty, service tax by 2 percent
24 February 2009 at 16:30Government today reducedrates of excise duty and Service tax by two per cent.The general excise duty has been reduced from 10 per cent to 8 per cent.The rate of service tax cut from 12 per cent to 10 per cent.Duty on bulk cement has been reduced from
Service tax return form amended
03 September 2008 at 17:19TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3 SUB-SECTION (i) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)
Statement on Service Tax on GTAs
03 July 2008 at 10:35The following is the text of statement made by Member, CBEC, Shri V. Sridhar while briefing the media, here today:-“In their communication. addressed to Transport Ministry, the All India Motor Transport Congress (AIMTC) raised the following iss
Service Tax exemption for goods carriage to GTA
27 June 2008 at 11:11Central Government has issued notification No.29/2008-Service Tax, dated 26.06.2008 to exempt fully from levy of service tax on supply of transport vehicles (goods carriage) to a goods transport agency (GTA) to be used for transport of goods by road
Amount of Custom,excise and service tax collected by government
17 June 2008 at 18:29Placed below is the provisional Customs & Central Excise Revenue collection for the month of May 2008 , Service Tax revenue collection for the month of April, 2008 along with the comparative data for the corresponding period of the previous
Service tax in comex is here
04 June 2008 at 12:57The government may have finally put the service tax issue to rest, but the spectre of the commodity transaction tax (CTT) is still haunting
Amendment Concerning Service Tax on Chit
29 May 2008 at 16:29The Central Government has issued notification. No. 27/2008-ST dated the 27th May, 2008, amending notification No. 1/2006-ST dated the 1st March, 2006, prescribing abatement in lieu of CENVAT Credit for the purpose of payment of service tax for the s
Chaotic tax axe on builders
30 April 2008 at 01:01Author : Monish Bhalla/DNA-Daily News & Analysis We are a real estate development firm which engages a contractor to construct residential societies. Prospective buyers pay us a booking advance on these residential units. Are we liable to pay servic
New Service tax return preparer scheme!!
13 April 2008 at 11:26The central board of excise and custom has constituted a committee to suggest modalities and prepare a scheme for implementation of "service tax return preparer scheme".To download the same click on the link belowhttp://caclubindia.com/shar
Publication of Names of 'Offenders'
26 March 2008 at 12:17By Praveen Chopra THE Government has come out with Circular No. 100/3/2008-ST dated March 12, 2008, containing the guidelines for publication of names under Section 73D of the Finance Act 1994, read with the Service Tax (Publication of Names) Rules,
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