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 Voluntary Compliance Encouragement Scheme, 2013 – FAQ
E-version of Service tax Return to be available by 1st week of March, 13
Voluntary Compliance Encouragement Scheme, 2013 – A Defaulter Friendly Scheme
Highlights- Budget 2013-14-Service Tax, Excise, Custom Duty, GST
Calculation of Service Tax under reverse charge mechanisms if TDS u/s 195 of Income Tax Act Associated with it
Consideration received for assignment of toll collection rights, prima facie, amounts to franchise service
‘Air travel agents’ services for business purpose are input services
No reversal of cenvat credit if credit of the same is not been availed by Assessee
Agency Commission received by Banks / FIs from RBI / Govtschemes is exempt from service tax
BPO can take Input credit on CA, Business Support & Air Travel Service
SIM card distributor not liable to service tax if tax already been paid by Telecom Company
Input credit admissible on marketing services for marketing of assessee’s product outside India
In case of reverse charge mechanism service provider not liable to service tax
Cenvat Credit on input services prior to registration allowable
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.
