Service Tax Archives - Page 6 of 9

Clarification on valuation of flats for levy of Service Tax

January 25, 2016January 25, 2016 TaxIndiaUpdates In0 comments4708 views

January 20, 2016; valuation of flats for levy of Service Tax F. No. 354/311/2015-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) 20th January, 2016 Sub: – Report of the High Level Committee; recommendation regarding valuation of flats for levy of Service … Continue Reading →

Service Tax

Small Service Providers Exemption is available to Co-owners of Property

January 12, 2016January 12, 2016 TaxIndiaUpdates In0 comments4840 views

Small Service Providers Exemption is available to Co-owners Hon’ble CESTAT Mumbai vide its ORDER NO A/2587/15/STB, APPEAL No. ST/88801/13Mum, dated August 04, 2015 in case of CCE, Nasik vs Deoram Vishrambhai Patel upheld the O-I-A passed Commissioner of Central Excise & Customs (Appeals), Nasik by … Continue Reading →

Service Tax

Service Tax on Authorised Motor Vehicle Service Station

January 12, 2016January 12, 2016 TaxIndiaUpdates In0 comments12075 views

Service Tax on Authorised Motor Vehicle Service Station In the new regime of Service Tax Law i.e. ‘Negative List Based Taxation of Services’ all services are taxable except specified in negative list and mega exemption notification. Prior to this there was a specified services wise … Continue Reading →

Service Tax

Service Tax Basic Exemption Notification No 33-2012-ST dated 20-6-2012

December 28, 2015December 28, 2015 TaxIndiaUpdates In0 comments10386 views

. Following is Service Tax Basic Exemption Notification issued by CBEC vide Notification No.33/2012-ST dated 20-06-2012 : Government of India Ministry of Finance (Department of Revenue) Notification No. 33/2012 – Service Tax New Delhi, the 20th June, 2012 G.S.R. (E).- In exercise of the … Continue Reading →

Service Tax

Mega Exemption Notification No.25/2012-ST dated 20-6-2012

December 28, 2015December 28, 2015 TaxIndiaUpdates In0 comments15008 views

. Following is MEGA EXEMPTION NOTIFICATION issued by CBEC vide Notification No.25/2012-ST dated 20-06-2012 as amended by NOTIFICATION NO.20/2015-ST, DATED 21-10-2015] Government of India Ministry of Finance (Department of Revenue) Notification No. 25/2012-Service Tax New Delhi, the 20th June, 2012 G.S.R……(E).- In exercise of … Continue Reading →

Service Tax

Job Work Services to Garment Exporters is exempt from Service Tax

December 15, 2015 TaxIndiaUpdates In0 comments5461 views

. CBEC vide its Circular No.190/9/2015-Service Tax dated 15-12-2015 clarified that the services received by garments exporters from third party for job work is involving a process amounting to manufacture or production of goods, and thus would fall under negative list and hence would not attract service … Continue Reading →

Service Tax

Authorised Banks for collection Central Excise Duty Service Tax through e-Banking

December 1, 2015December 1, 2015 TaxIndiaUpdates In0 comments6417 views

. Following are the Public/Private Sector Authorised Banks for collection Central Excise Service Tax through e-Banking. Now w.e.f. from 01-1o-2014 it is mandatory to make payment of Excise Duty and Service Tax by electronically. Electronic Accounting System in Excise and Service Tax (EASIEST) is a web … Continue Reading →

Service Tax

No Service Tax on Activities Incidental to Seed Testing

November 26, 2015 TaxIndiaUpdates In0 comments4279 views

. CBEC vide its Circular No.189/8/2015-Service Tax dated 26-11-2015 it is clarified that all testing and ancillary activities to testing such as seed certification, technical inspection, technical testing, analysis, tagging of seeds, rendered during testing of seeds, are covered within the meaning of testing as mentioned … Continue Reading →

Service Tax

Handbook on Swachh Bharat Cess

November 15, 2015November 19, 2015 TaxIndiaUpdates In0 comments6013 views

Download Handbook on Swachh Bharat Cess FREQUENTLY ASKED QUESTIONS (FAQ) Background: Chapter VI (Section 119) of the Finance Act 2015 contains provisions for levy and collection of Swachh Bharat Cess (SBC). Now the Government has announced 15th November, 2015 as the date from which the provisions of … Continue Reading →

Service Tax

Clarification on Swachh Bharat Cess for Composition Abatement and RCM

November 13, 2015November 13, 2015 TaxIndiaUpdates In0 comments5253 views

CBEC vide following notifications clarified applicablity and computation of Swachh Bharat Cess on taxable value of services : A. Notification No.23/2015-ST dated the 12-11-2015 : It is clarified that in case abatement is availed as per Notification No. 26/2012-St dated 20-06-2012, the Swachh Bharat Cess will … Continue Reading →