Beauty treatment Services- “Taxable Service” means any service provided or to be provided to any person, by a beauty parlour in relation to beauty treatment; “Beauty Treatment” includes hair cutting, hair dyeing, hair dressing, face and beauty treatment, cosmetic treatment, manicure, pedicure or counseling services on beauty, face care or make-up or such other similar services;
Article explains Service Tax Provisions on Banking and other financial services. – Taxable Service means any service provided or to be provided to any person, by a banking company or a financial institution including a non-banking financial company or any other body corporate or commercial concern, in relation to banking and other financial services;
Authorised Service Stations for motor vehicles servicing or repairs- “Taxable Service” means any service provided or to be provided to any person, by an authorised service station, in relation to any service, repair, reconditioning or restoration of motor cars, light motor vehicles or two wheeled motor vehicle in any manner
Service Tax on Auction Service- “Taxable Service” means any service provided or to be provided to any person, by any other person, in relation to auction of property, movable or immovable, tangible or intangible, in any manner, but does not include auction of property under the directions or orders of a court of law or auction by the Government;
ATM operation, maintenance or management services-Taxable Service” means any service provided or to be provided to any person, by any other person, in relation to automated teller machine operations, maintenance or management service, in any manner;
Asset Management Services By Individuals- means any service provided or to be provided to any person, by any other person, except a banking company or a financial institution including a non-banking financial company or any other body corporate or commercial concern referred to in sub-clause (zm), in relation to asset management including portfolio management and all forms of fund management.
All goods imported into India from abroad is liable to duties of Customs under Section 12 of the Customs Act and also is liable to all the restrictions under the Foreign Trade (Development & Regulations) Act 1992. However, the Government has exempted gifts received from abroad by persons residing in India from the whole of duties of Customs and from restriction under FT (D&R) Act. At present, import of goods upto the value of Rs. 5,000/- is allowed as gift, duty free. This exemption is allowed only for bonafide gifts imported by air or post. For the purpose of calculation of this value of Rs. 5,000/- the air freight or postal charges paid are not added.
The respondent runs various coaching centers in Andhra Pradesh and other States in India.The respondent’s activity of commercial training or coaching service attracts levy of service tax under Section 65(26) and Section 65(27) read with Section65(105)( zzc ) of the Finance Act, 1994 (henceforth referred as „the Act‟). After coming into force of the amendment to Section 65(1 05)(zzc) of the Act, in spite of advice by the Revenue, the Respondent did not obtain registration. The Respondent informed the Range Officer that there was no legal obligation to obtain registration under service tax. However, the respondent belatedly obtained Centralized Service Tax registration.
Delay in deposit of P.F. dues attracts penal damages. Damages are levied at the following FLAT RATES: * For 0 — 2 months delay – @ 5 % p.a. * For 2 — 4 months delay – @10 % p.a. * For 4 — 6 months delay – @ 15 % p.a. * For delay above 6 months – @ 25 % p.a. (subject to a maximum of 100%)
The Punjab Government has extended the due date for submission of all statutory forms under CST Act (C,E-I, E-II, F forms etc) from 20th November 2010 to 31st March 2011 by an official notification dated 16th February 2011. It is here to be noted that normally the Excise and Taxation Department, Punjab normally asks for to give all statutory forms under CST Act along with the annual statement to be filed on 20th November every year under the PVAT Act 2005.
