No Service Tax on Services Provided in respect to Religious Pilgrimage
No Service Tax on Services Provided in respect to Religious Pilgrimage CBEC vide its Notification No. 25/2016-Service Tax dated 17-05-2016 provided exemption from Service Tax on the services provided...
View ArticleThe Finance Act 1994
The Finance Act 1994 (Service Tax) Section 64 – Extent, commencement and application (1) This Chapter extends to the whole of India except the State of Jammu and Kashmir. (2) It shall come into force...
View ArticleAccounting Code for Payment of Krishi Kalyan Cess
Accounting Code for Payment of Krishi Kalyan Cess Accounting codes have been allotted by the Office of the Controller General of Accounts for the new Minor Head “507-Krishi Kalyan Cess” and new...
View ArticleChanges in Service Tax by Union Budget 2016-17 (Finance Act 2016)
Changes in Service Tax by Union Budget 2016-17 (Finance Act 2016) Finance Act 2016 (No. 28 of 2016).pdf 1.Rate of Service Tax The effective rate of Service Tax is increased from 14.50% to 15% (14% ST+...
View ArticleService Tax Negative List Amended by Finance Act 2016
Service Tax Negative List as Amended by Finance Act 2016 In terms of Section 66B of the Finance Act, 1994 service tax will be leviable on all services provided in the taxable territory by a person to...
View ArticleNew Service Tax Rate effective from 01-06-2016
New Service Tax Rate effective from 01-06-2016 After enactment of the Finance Act 2016 (No. 28 of 2016) the effective rate of Service Tax w.e.f. 01-06-2016 is increased from 14.50% to 15% (14% ST+...
View ArticleIndirect Tax Dispute Resolution Scheme
Indirect Tax Dispute Resolution Scheme Rules 2016 CBEC vide Notification No.29/2016-Central Excise (N.T.), Dated May 31, 2016 has published the Indirect Tax Dispute Resolution Scheme Rules, 2016 as...
View ArticleKrishi Kalyan Cess Not Leviable if POT of Service fall on or before 31-05-2016
Krishi Kalyan Cess Not Leviable if POT of Service Fall on or before 31-05-2016 CBEC vide Notification No. 35/2016-Service Tax dated June 23, 2016 has clarified that Krishi Kalyan Cess Not Leviable if...
View ArticleNo Service Tax on Goods Transportation by Vessel if invoice issued upto...
No Service Tax on Goods Transportation by Vessel if invoice issued upto 31-05-2016 CBEC vide Notification No. 35/2016-Service Tax dated June 23, 2016 has exempts the taxable services by way of...
View ArticleUpdates : Aadhaar No. Must be Linked to Mobile No. + more
PERSONAL FINANCE Residents Advised to Register or Update Mobile with Aadhaar No. for Easy Online access of Government Services UIDAI has advised this in view of various applications of public use such...
View ArticleFile Service Tax Return in Form ST-3 (April-September 2016) Last Date 25-10-2016
File Service Tax Return in Form ST-3 (April-September 2016) Last Date 25-10-2016 The last date of filing the ST-3 return, for the return period 01-04-2016 to 30-09-2016 is 25-10-2016. Assessee can...
View ArticleService Tax Books for Professionals
Service Tax Books for Professionals Service Tax Ready Reckoner By V. S. Datey Paperback: 1004 pages Publisher: Taxmann Publications Pvt. Ltd.; 27th Editon edition (2016) Language: English ISBN-10:...
View ArticleReverse Charge Tax Liability under GST Law
Reverse Charge Tax Liability under GST Law Reverse charge means the liability to pay tax by the person receiving goods and / or services instead of the person supplying the goods and / or services...
View ArticleOnline Services From Outside India to Non-Business Entity shall Be Taxable...
w.e.f. 01-12-2016 Withdrawal of exemption from service tax on (Online Services) cross border B2C OIDAR services provided online/electronically from a non-taxable territory to consumers in taxable...
View ArticleRevised Model GST Law, IGST Law and Draft Compensation Law
Draft Revised Model GST Law, Draft IGST Law and Draft Compensation Law placed in the public domain for information of trade, industry and other stake holders. The Draft Model GST Law, Draft IGST Law...
View ArticleThe Service Tax Rules 1994
The Service Tax Rules, 1994 In exercise of the powers conferred by sub-section (1) read with sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the...
View ArticlePlace of Provision in Service Tax
The Place of Provision of Services Rules, 2012 1.Short title, extent and commencement. (1) These rules may be called the Place of Provision of Services Rules,2012. (2) They shall come into force on...
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. 04/2017-ST Dated: January 12, 2017 Government of India...
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. 03/2017-ST dated 12-01-2017 Government of India...
View ArticleMega Exemptions Notification
Service Tax Mega Exemptions Notification (As amended by Notification No. 01/2017-ST dated 12-01-2017) In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32...
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