service tax Amnesty Scheme articles

VCES Scheme – Pendency of Audit as on 01.03.2013 – One more ground to deny relief

Recent Issue under Service Tax-Amnesty Scheme 2013- Whether it can be said that Audit was pending as on 01.03.13, if Audit Para was not determined and/ liability was also not quantified till 01.03.13...

Read More
Posted Under: Service Tax |

Service Tax paid after March 1, 2013 but before enactment of VCES on May 10, 2013 – Should be considered as paid under VCES

Service Tax paid after March 1, 2013 but before enactment of VCES on May 10, 2013 – Should be considered as paid under VCES We are sharing with you an important judgment of the Hon’ble Gujarat High Court in the case of Sadguru Construction Co. Vs. Union of India  on the following issue: Issue: Whether […]...

Read More
Posted Under: Service Tax |

40000 VCES Application till 29.12.2013, No extension likely

There has been an overwhelming response to the VCES . In the last four days, we have received over 16,000 applications involving Rs. 1500 crores of service tax dues. Upto 29-12-2013 we have received over 40,000 declarations involving over Rs 5500 crores. ...

Read More
Posted Under: Service Tax |

Rejection Order under VCES is appealable and Recent clarifications issued pertaining to VCES

Whether the Order passed by Revenue under Service Tax Voluntary Compliance Encouragement Scheme, 2013 (VCES) is appealable? The High Court has held that the Order passed under the Scheme is appealable. It was held that VCES is part and parcel of Finance Act, 1994 by virtue of amendment made by the Finance Bill, 2013 ...

Read More
Posted Under: Service Tax |

VCES – Gift for service tax payer

Service tax is a new emerging law and there has been lack of clarity on the applicability of the service tax, among the trade, departmental officer and also among the consultants, this would have left lot of assesses not being compliant although has no intention to evade the payment of service tax. ...

Read More
Posted Under: Service Tax |

PPT on Service Tax VCES Scheme, 2013

We recently had meeting with Member, CBEC during Interaction with various Trade Associations on 23.09.2013. The presentation was made by Department officials on Service Tax Voluntary Compliance Encouragement Scheme, 2013. For the benefit of all the professional colleagues, I am giving link to download Notification and forms. The copy of p...

Read More
Posted Under: Service Tax |

Service Tax Voluntary Compliance Encouragement Scheme (VCES)

CA Tarannum Khatri VCES means gift to taxpayers by finance minister. Voluntary pay your tax and get many benefits. Period: 1st October  2007 to 31st  December  2012 Eligibility: The person who has not received notice or order of determination u/s 72, 73 or 73A on or before 1st march 2013 is eligible under the scheme. […]...

Read More
Posted Under: Service Tax |

Service Tax Amnesty Scheme (VCES) : A Big Eye Opener

Service Tax has become the king in the sphere of the taxation in the mere future. Daily amendments and notifications at the same time, has regarded it as most complicated law and generated huge litigation. ...

Read More
Posted Under: Service Tax |

Opportunity to Regularize Service Tax Defaults

Dr. Sanjiv Agarwal The Voluntary Compliance Encouragement  Scheme, 2013 (VCES, 2013) has been introduced by Finance Act, 2013 by the Union Government as a one-time measure to serve twin objectives – to encourage voluntary compliance of tax return filing and payment of Service Tax by granting immunity from interest and penal provisions....

Read More
Posted Under: Service Tax |

FAQ on VCES – Download Free Booklet

After our Post titled “ Service Tax VCES FAQ Booklet released by FM- Still the mystery “   the department has posted the same on its website. The booklet has tried to solve many of the doubts of the taxpayer but there are still many grey areas which are been ignored in the booklet. We have provided […]...

Read More
Posted Under: Service Tax |

Browse All Categories

CA, CS, CMA (6,183)
Company Law (8,635)
Corporate Law (10,974)
Custom Duty (9,602)
DGFT (4,888)
Excise Duty (4,939)
Fema / RBI (5,351)
Finance (5,766)
Income Tax (43,236)
SEBI (4,666)
Service Tax (4,100)