Service Tax News

Govt reduces excise duty, service tax by 2 percent

24 February 2009 at 16:30

Government 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

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Service tax return form amended

03 September 2008 at 17:19

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3 SUB-SECTION (i) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)

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Statement on Service Tax on GTAs

03 July 2008 at 10:35

The 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

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Service Tax exemption for goods carriage to GTA

27 June 2008 at 11:11

Central 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

Posted in Service Tax | 6 comments | 42132 Views

Amount of Custom,excise and service tax collected by government

17 June 2008 at 18:29

Placed 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

Posted in Service Tax | 5682 Views

Service tax in comex is here

04 June 2008 at 12:57

The government may have finally put the service tax issue to rest, but the spectre of the commodity transaction tax (CTT) is still haunting

Posted in Service Tax | 11142 Views

Amendment Concerning Service Tax on Chit

29 May 2008 at 16:29

The 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

Posted in Service Tax | 1 comments | 18015 Views

Chaotic tax axe on builders

30 April 2008 at 01:01

Author : 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

Posted in Service Tax | 2 comments | 9702 Views

New Service tax return preparer scheme!!

13 April 2008 at 11:26

The 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

Posted in Service Tax | 26454 Views

Publication of Names of 'Offenders'

26 March 2008 at 12:17

By 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,

Posted in Service Tax | 6735 Views