Service Tax
Log in to FollowService Tax India: Read the latest service tax notification, challan, news & updates, circulars, act, rules, articles & forms on Taxguru.in. ST1 ST2 ST3 payment challan budget amendments, place of provision, point of taxation.
Service tax payable on revenue realized and not on revenue recognized
No Service Tax on Fitment of Wig & Preparation of Scalp are Incidental to Sale of Wig: Madras HC
Service Tax cannot be levied on affiliation fees & rent collected by universities
Refund of unutilized cenvat credit available on output tax payable by service receiver under RCM
Indivisible composite works contracts not chargeable to Service tax prior to June 2007
Straightaway relying on statement of persons & demanding tax is unsustainable
No wilful mis-statement or suppression of facts in case capital gains tax was paid on profit/compensation received
Blending, bottling & packing not taxable under ‘Business Auxiliary Service’
Extended period not invocable in absence of deliberate suppression of facts
Service tax demand relying only on income tax returns; P&L account and balance sheet is unsustainable
Mismatch in Form 26AS & ST-3: No short payment if service tax was paid in next financial year
Refund Claim debit against Credit before Adjudication is Sufficient Compliance
Extended period cannot be invoked if divergent views exist even if ultimately Revenue view prevails
Affiliation fee collected by university is outside the purview of service tax
Latest Service Tax News India
Service tax in India is the tax which is collected by the government from service providers for providing services. The person liable to pay service tax could be a service provider or the recipient of service or any person responsible for providing services. Generally, the service tax is required to be paid on all the services except for those provided in the negative list. All the service providers together with the union and state government providers and private sector service providers too are liable for paying service tax. Services Tax Act and Service Tax Rules together with the Finance Act, 2016 has provided an increase in service tax from 12.36% to 14%. This revised service tax rate would comprise of Education Cess and Secondary and Higher Education Cess.
At Taxguru, we provide all the latest service tax notifications and service tax circulars. We bring you all the recent developments and updates to the Service Tax Act and the Service Tax Rules. From a change in the service tax rates to any change in the format service tax challan or any other service tax notification, we provide a comprehensive and detailed approach to service tax in India. You can view and download all the service tax circulars free of cost. We keep on updating our portal regularly so that we keep you posted on all the recent service tax notifications and updates.
With our group of service tax experts, we provide a cohesive and complete analysis of the service tax related matters. We post regular blogs and articles on all the trending service tax related issues. At Taxguru, we try to solve all your service tax related queries. Ensure to bookmark us to keep a track of all the service tax updates.
