Service Tax : A. THE LOCUS STANDI OF PLACE OF PROVISION The fiscal laws are intra territorial legislation, take for any taxation law, be it inco...
Service Tax : From July 2012, Service Tax shall be levied on all services other than those enumerated in the negative list U/s. 66D of Finance A...
Service Tax : Tax Details 1st June 2016 Rooms Tariff Luxury Tax 15.00% Service Tax 8.40% Swachh Bharat Cess 0.3% Krishi Kalyan Cess 0.3% Confere...
Service Tax : Food is made and pre packed at some other place and packed food items are shelved on tuck shops. Tuck shops provide packed food av...
Service Tax : Under manpower services – Provident fund and bonus paid shall be included in taxable service and service tax shall be charged Se...
Service Tax : Various representations have been received seeking clarifications regarding the levy of service tax on certain services relating t...
Income Tax : Madam Speaker, at the outset, I would like to thank all the honourable Members who have participated in the discussion on the Fina...
CA, CS, CMA : Announcement for November 2009 examinations Professional Competence Examinations It is clarified that in Part –II : Service tax ...
Service Tax : In a move that has implications for infrastructure firms such as L&T, Reliance Infrastructure, Simplex Infrastructure and Soma...
Service Tax : The three services qualifying for service tax refund are courier services, goods transport agency services availed for transport o...
Service Tax : CESTAT Kolkata held that no service tax is leviable on Banking and Financial Institution Services prior to 16.07.2001. Accordingly...
Service Tax : Where the element of service has been declared and brought to tax vide notification dated 6 June 2012, by which Service tax is lev...
Service Tax : We have considered the submissions made at length by both sides and perused the records. The issue for determination in this case ...
Income Tax : The rigour of sec.43B may be applicable in the case of Sales-tax or Excise Duty but the same cannot be said to be the position in ...
Service Tax : Attention of the Trade is invited to Trade Notice No. 2/2005-S.T., dated 31-3-2005, No. 21/2005, dated 4-7-2005, etc., notifying t...
Service Tax : Legal Consultancy Services provided from outside India, in relation to immovable property shall be deemed to be import of service...
Service Tax : Circular No. 114/08/2009-ST Dated: May 20, 2009. F.No.354/163/2006-TRU Government of India, Ministry of Finance, Department of...
Service Tax : Circular No. 109/03/2009, dated 23-2-2009 -A query had been raised by the field formation as to whether the activity of screening ...
Service Tax : Notification No.1/2009 – Service Tax Central Government, on being satisfied that it is necessary in the public interest so to d...
CESTAT Kolkata held that no service tax is leviable on Banking and Financial Institution Services prior to 16.07.2001. Accordingly, service tax not leviable on the agreements entered by the assessee with their clients prior to 16.07.2001.
A. THE LOCUS STANDI OF PLACE OF PROVISION The fiscal laws are intra territorial legislation, take for any taxation law, be it income tax or value added taxes, they sought to tax the “subject” only within the landmass of India. Contrarily Civil and Criminal legislations such as FEMA, extends to exterior jurisdictions as well, majorly to protect the civil (and honest?) society.
From July 2012, Service Tax shall be levied on all services other than those enumerated in the negative list U/s. 66D of Finance Act 1994 or those provided in the Mega Exemption Notification No. 25/2012. Thus after an act fulfills the conditions of the definition of the term service, it shall be verified if the service falls under the Negative List or the Mega Exemption List.
Tax Details 1st June 2016 Rooms Tariff Luxury Tax 15.00% Service Tax 8.40% Swachh Bharat Cess 0.3% Krishi Kalyan Cess 0.3% Conference Hall Vat 12.5% Service Tax 9.8% Swachh Bharat Cess .35% Krishi Kalyan Cess .35% Luxury Tax 3% Service Charge 10% Restaurant Bills Vat 12.5% Service Tax 5.6% Swachh Bharat Cess 0.20% Krishi Kalyan […]
Food is made and pre packed at some other place and packed food items are shelved on tuck shops. Tuck shops provide packed food available to the customers, employees, guests or visiting public where they are opened. Premises are not the property of tuck shop. Tuck shops are merely retail outlets where air conditioners are not installed.
Under manpower services – Provident fund and bonus paid shall be included in taxable service and service tax shall be charged Service Tax Payable on PF & Bonus Under manpower services Section 67 of the Finance Act, 1994- Valuation of Services In case of “Laxmi Construction v Commissioner in CESTAT Allahabad” 2016 STR 561, Tribunal […]
It’s been a while now since the amendment has come on Reverse Charge Liability on Rent a Cab Service. But, the Finance Departments of the Big Corporates are still facing hardship in calculating the correct amount of Reverse Charge Liability they need to deposit with the Service Tax Department, especially when they receive diversified invoices from Rent a Cab Service Providers.
The term aggregator implies that there should be a web-based software application and a communication device to connect potential customers with the service providers to provide services under the brand name/trade name of the person owning the software application.
The Education sector in India is poised at a crucial stage in its growth. Coaching which aids or supplements formal education also play a catalytic role in advancement of Education system in our country. Commercial training and coaching service was introduced in Budget 2003 with a view to tax the mushrooming coaching institutes and training centres which either provide coaching classes for examination or unrecognised areas such as management, marketing, engineering etc.
Education sector is one of the most important sectors in our country. Service tax has become an important source of revenue collection for Indian Government. Since all the services are taxable w.e.f. 01.07.2012 except services covered under Negative List
