Now RBI and Electricity Authorities have to file AIR Returns of Service Tax...
February 15, 2016 RBI and Electricity Authorities have to file AIR returns GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS NEW DELHI NOTIFICATION NO...
View ArticleNo Swachh Bharat Cess on Services which are exempted vide order u/s 93(2) of...
February 17, 2016 CBEC vide Notification No. 05/2016-Service Tax dated February 17, 2016 make amendment in notification No. 22/2015-Service Tax dated the 6th November, 2015 to grant exemption from...
View ArticleNo Service Tax on Services by Government or local authority to a small...
February, 2016 CBEC vide Notification No. 07/2016-Service Tax dated February 18, 2016 provided Service Tax exemption (w.e.f. 01-04-2016) on Services by Government or local authority to a small...
View ArticleReverse Charge Applicable on Services provided by Government or Local Authority
February 18, 2016 CBEC Notification 06/2016-ST dated 18-02-2016 : W.e.f. 01-04-2016 Reverse Charge Applicable on Services provided by Government or Local Authority to business entity (having turnover...
View ArticleNew Service Tax Return Form ST-3 incorporates details of Swachh Bharat Cess
March 08, 2016 Form ST-3 CBEC vide Notification No. 20/2016-Service Tax dated March 08, 2016 has been amended Service Tax return Form ST-3 to incorporate details of Swachh Bharat Cess. The detailed...
View ArticleChanges in Cenvat Credit Rules by Union Budget 2016-17
AMENDMENTS IN THE CENVAT CREDIT RULES, 2004 New Post : PPT Presentation on Union Budget 2016-17 Amendments related to Capital Goods Wagons of sub heading 8606 92 included in the definition of capital...
View ArticleChanges proposed in Service Tax by Union Budget 2016-17
Changes proposed in Service Tax by Union Budget 2016-17 Rate of Service Tax The effective rate of Service tax has been increased from 14.50% to 15% (14% ST+ 0.5 Swachh Bharat Cess + 0.5% Krishi Kalyan...
View ArticleSalient Features of the Indirect Tax Dispute Resolution Scheme 2016
Salient Features of the Indirect Tax Dispute Resolution Scheme 2016 A scheme in respect of cases pending before Commissioner (Appeals), the assessee, after paying the duty, interest and penalty...
View ArticleThe Income Declaration Scheme 2016
The Income Declaration Scheme 2016 A. Applicability Any person who has not paid full taxes in past, on or after 01.06.2016 but before a date to be notified by the CG in the official gazette (Hon’ble FM...
View ArticleTax Benefits for Maritime Sector and Ease of Doing Business
Tax Benefits for Maritime Sector and Ease of Doing Business In order to provide the Indian shipping industry a level playing field and make it competitive at international level, the government has...
View ArticleReverse Charge Notification No. 30/2012-ST Dated 20-6-2012
. Following is Service Tax Reverse Charge Notification issued by CBEC vide Notification No.30/2012-ST dated 20-06-2012 as amended by Notification No. 18/2016-ST dated 1-3-2016 Government of India...
View ArticleMega Exemptions Notification
Service Tax Mega Exemptions Notification (As amended by N. No. 09/2016-ST dated 01-03-2016) In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994)...
View ArticleService Tax Abatement Notification No. 26/2012-ST Dated 20-6-2012
. Following is Service Tax Abatement Notification issued by CBEC vide Notification No.26/2012-ST dated 20-06-2012 as amended by Notification No. 08/2016-ST, dated 01-03-2016 Government of India...
View ArticleService Tax Point of Taxation Rules 2016
The Point of Taxation Rules, 2011 In exercise of the powers conferred under sub-section (2) of section 67A and clause (a) and clause (hhh) of sub-section (2) of section 94 of the Finance Act, 1994, the...
View ArticleFile Service Tax Return in Form ST-3 by 25th April 2016
File Service Tax Return in Form ST-3 by 25th April 2016 The last date of filing the ST-3 return, for the return period 01-10-2015 to 31-03-2016 is 25-04-2016. Assessee can e-file Service Tax Return...
View ArticleRemoval of Goods at Concessional Rate of Duty Rules 2016
Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods and Other Goods) Rules, 2016 (As amended by Notification No. 22/2016-Central Excise (N.T), Dated: March...
View ArticleMega Exemption Notification Extended to cover basic Services Provided by...
Mega Exemption Notification Extended to cover basic Services Provided by Government , Local Authority or Governmental Authority CBEC vide its Notification No.22/2016-Service Tax dated April 13, 2016...
View ArticleService Tax Determination of Value Rules 2006
Service Tax Determination of Value Rules 2006 (As amended by Notification No. 23/2016-Service Tax, dated April 13, 2016) In exercise of the powers conferred by clause (aa) of sub-section (2) of section...
View ArticleThe Cenvat Credit Rules 2004
The Cenvat Credit Rules 2004 In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994) and in supersession of...
View ArticleService Tax Act and Rules
Service Tax Act and Rules as Amended by Finance Act 2016 Finance Act, 1994(Service Tax) Service Tax Rules, 1994 Cenvat Credit Rules, 2004 Service Tax (Determination of Value) Rules, 2006 Place of...
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