CAclubindia News

14 new services exempt from Service Tax

22 June 2012 at 12:11

PRESS RELEASE, DATED 20-6-2012 1. In a function held today (20-6-2012) in North Block, Hon'ble Finance Minister released the Guidance Paper on the new approach to service tax. The public release of the Guidance Paper marks the culmination of

Posted in Service Tax | 12 comments | 65421 Views

Taxation of Services - An Education Guide

21 June 2012 at 19:03

PRESS RELEASE, DATED 20-6-2012 1. Introduction 1.1 Background The journey of taxation of services began by selective taxation of just three services on July 1, 1994. The first year collections now appear a very modest at Rs 407 crore. After a

Posted in Service Tax | 26514 Views

New Notifications on Service Tax Law

21 June 2012 at 12:12

Notification No. 25/2012-ST, dated 20-6-2012 Notification No. 26/2012-ST, dated 20-6-2012 Notification No. 27/2012-ST, dated 20-6-2012 Notification No. 28/2012-ST, dated 20-6-2012 Notification No. 29/2012-ST, dated 20-6-2012 Notification

Posted in Service Tax | 3 comments | 53664 Views

Mega exemption notification

21 June 2012 at 11:47

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 25/2012-Service Tax New Delhi, the 20th June, 2012 G.S.R…&hel

Posted in Service Tax | 29211 Views

Place of Provision of Services Rules, 2012

21 June 2012 at 11:47

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 28/2012 - Service Tax New Delhi, the 20th June, 2012 G.S.R…..

Posted in Service Tax | 13473 Views

Amendment to CENVAT Credit Rules

21 June 2012 at 11:47

[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) Notification No.28/2012-Central Excise (N.T) New Delhi, the 20th June, 2012 G.S.R

Posted in Excise | 2 comments | 82344 Views

Know Your Client (KYC) Norms for PCS

21 June 2012 at 11:47

KNOW YOUR CLIENT (KYC) NORMS Client Information as well as due diligence on clients has become a necessity for professionals in today’s complex business scenario. Such an exercise can be made possible in a structured way. Many professional

Posted in Others | 10590 Views

Exemption on property tax paid on immovable property

21 June 2012 at 10:37

[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) Notification No. 29/2012- Service Tax New Delhi, the 20th June, 2012 G.S.R…&hel

Posted in Service Tax | 1 comments | 16056 Views

FM releases Guidance Paper on service tax: new approach intended to take country and economy a step closer to GST

21 June 2012 at 10:37

Union Finance Minister, ShriPranabMukherjee released the Guidance Paper on the new approach to service tax, here today. The release of the Guidance Paper marks the culmination of the year long efforts made by the Government to introduce a negative

Posted in GST | 1 comments | 10125 Views

Audit fees collected by the Comptroller and Auditor General (CAG) - regarding

20 June 2012 at 10:36

Circular No. 159/10/2012-ST F.No.354/89/2012-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Tax Research Unit) ***** Room No. 153, North Block, New Delhi, 19th June, 2012. To

Posted in Service Tax | 13845 Views