Service Tax return amended by CBEC
Service Tax return Notification No. 43 /2016-Service Tax [F.No.137 / 60 / 2016 -Service Tax] New Delhi, the 28 September, 2016 Download Complete Notification of Service Tax return amended by CBEC
Category Archives: Service Tax
Service Tax on Yoga exempted from Back Date (retrospectively) by Govt
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION I SUB-SECTION (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 42 /2016-Service Tax New Delhi, the 26th September, 2016 4 Asvina,1938 Saka G.S.R. (E).- Whereas, the Central Government is satisfied that in the… Read More »
Govt exempt Service Tax on upfront amount on Lease of Industrial Plots by State Government Industrial Development Corporations/ Undertakings
Seeks to exempt taxable service provided by State Government Industrial Development Corporations/ Undertakings by way of granting long term (thirty years, or more) lease of industrial plots to industrial units from so much of service tax which is leviable on the one time upfront amount (called as premium, salami, cost, price, development charges or by… Read More »
GST Overview as per FAQ’s on GST by CBEC
Overview of Goods and Services Tax (GST) Q 1. What is Goods and Service Tax (GST)? Ans. It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as… Read More »
Service Tax Certificate for Transportation of goods by Rail
Circular No. 1048/36/2016-CX F. No. 267/09/2016-CX.8 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, dated the 20th September, 2016 To The Principal Chief Commissioners/ Chief Commissioners/Principal Commissioners of Central Excise (All) The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners of Central Excise & Service Tax (All)… Read More »
Service Tax Law & Practice Book- 2016
Service Tax Law & Practice, 14th Edition 2016 (English) (Paperback, Rohini Aggarwal) BUY Service Tax Law & Practice, 14th Edition 2016 (English) (Paperback, Rohini Aggarwal) A comprehensive Referencer for Service Tax Law and Practice in India – contains complete law updated with the changes made by the Finance Act, 2016 including Notifications on KKC issued upto 30th… Read More »
Appeals and Litigation in Indirect Tax -Book- 2016
Appeals and Litigation in Indirect Tax (English) (Paperback, CA Avinash Poddar) BUY Feature of Appeals and Litigation in Indirect Tax (English) (Paperback, CA Avinash Poddar) Language: English Binding: Paperback Publisher: Wolters Kluwer Genre: Others ISBN: 9789351296775, 9351296776 Publication Year 2016
Service Tax exemption on Renting of precincts of Religious Place- restricted
The Mega Exemption Notification 25/2012, entry no. 5(a) provides exemption to: Services by a person by way of renting of precincts of a religious place meant for general public. Recently, the Ministry of Finance (Department of Revenue) vide Notification 40/2016 ST dated 06-09-2016, has amended the said entry 5(a), with the following: “Services by a… Read More »
Low rate of tax on passenger travel by air from/to Regional Connectivity Scheme Airport
Low rate of tax on passenger travel by air from/to Regional Connectivity Scheme Airport Earlier, abatement of 60% was available for the service of Transport of passengers by air subject to a condition that CENVAT credit of Inputs and capital goods is not available. Recently to promote travel from/to Regional Connectivity Scheme Airport, Central Government… Read More »
Clarification regarding renting of precincts of religious place meant for general public
F.No. 354/45/2016-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) Circular No. 200/10/2016-Service Tax Dated: 6th September, 2016 To Principal Chief Commissioners of Customs and Central Excise (All) Principal Chief Commissioners of Central Excise & Service Tax (All) Principal Director Generals of Goods and Service Tax/System/CEI Director General of Audit/Tax Payer… Read More »