Service tax is the tax imposed by the government on the service providers on certain transactions and it is borne by the consumers. It was introduced in the Finance Act of 1994, it is an indirect tax levied on the services. Any service provider or organization that provides the taxable service over nine lakh must register the service tax because it helps the Department of Service tax to identify assesses and keep on track of all the aspects of compliances.
Appellant is the centrally registered taxpayer and the error committed could not be detected immediately and it took almost a month to recognise the excess payment made in the month of May, 2011 and hence it was adjusted against the tax liabilities for the month of July, 2011
Employees’ Provident Fund Organisation Ministry of Labour, Govt. Of India No. C-Ex/32(27)07/WB/EX/EZ/8848 […]
It is clarified that Declaration Form can be accepted in case of UAN based claim form without attestation of the employer. Henceforth, the attestation of employers on the Declaration Form would not be required in case of UAN based Claim Form No. 31(UAN).
Brief Record of the Proceedings of the Meeting of the Rajya Sabha held on the 3 rd August, 2016 on The Constitution (One Hundred and Twenty-second Amendment) Bill, 2016 passed by Rajya Sabha on 03rd August 2016.
To address the issue of road safety and to improve the facilitation of the citizens while dealing with transport departments, Ministry of Road Transport & Highways constituted a Group of Transport Ministers (GoM) of the States. The GoM headed by Sh. Yoonus Khan, Hon. Transport Minister of Rajasthan held three meetings
The Prime Minister, Shri Narendra Modi has thanked the leaders and members of all the parties on the occasion of passage of the GST Bill in the Rajya Sabha. Calling GST as the best example of cooperative federalism, the Prime Minister in a series of tweets said that this reform will promote Make in India, help exports and thus boost boost employment while providing enhanced revenue.
Yesterday during discussion on GST bill in Rajya Sabha Ex Finance Minister Chidambaram insisted that GST bill should be brought as Finance Bill and not a money bill. Now question which comes to our mind is what is Finance Bill and What is Money Bill and how they are different from each other. Articles below contain the answer to these Questions
The Central Board of Direct Taxes (CBDT) entered into a Bilateral Advance Pricing Agreement (APA) on 2nd August, 2016 with the Indian subsidiary of a Japanese trading company. This is the first Bilateral Advance Pricing agreement with a Japanese company having a Rollback provision in it. Overall, it is fourth bilateral APA signed by CBDT.
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.105/2016-CUSTOMS (N.T.), dated 21st July, 2016, except as respects things done or omitted to be done before such supersession, the Central Board
