Facts of the case :- Appellant is engaged in the activity of preparation of vegetables, fruits by processing the same packing in consumer packs for their clients. Issue Revenue is of the view that this activity amounts to rendering of services under business auxiliary services while it is the case of the appellant that by… Read More »
What is the meaning of agriculture for Service Tax ? As per Section 65 B (3) of Chapter V of the Finance Act, 1994 ( inserted (w.e.f. 1.7.2012) by s.143 of the Finance Act.. 2012 ( 23 of 2012) ) :- “agriculture” means the cultivation of plants and rearing of all life-forms of animals, except the rearing… Read More »
Clarification regarding leviability of service tax in respect of Seed Testing with effect from 01.07.2012 Circular No.189/8/2015-Service Tax F. No. 354/279/2015-TRU Government of India Department of Revenue Central Board of Excise & Customs New Delhi New Delhi, the 26th November, 2015 To Principal Chief Commissioners of Customs and Central Excise(All) Principal Chief Commissioners of Central… Read More »
What is Service Tax ? Service tax is, as the name suggests, a tax on Services. It is a tax levied on the transaction of certain services specified by the Central Government under the Finance Act, 1994. It is an indirect tax (akin to Excise Duty or Sales Tax) which means that normally, the service… Read More »
Every assessee is required to submit a half yearly return in form S.T.3 or S.T.3A (in triplicate) along with proof of payment of tax. For the purpose of filing returns half year is counted from April to September and October to March. In case the assessee has opted for provisional payment of service tax, he… Read More »
SIMPLIFIED REGISTRATION PROCEDURE Service Tax Registration. Section 69 of the Finance Act, 1994 [(1)] Every person liable to pay the service tax under this Chapter or the rules made thereunder shall, within such time and in such manner and in such form as may be prescribed, make an application for registrationto the [Superintendent of Central Excise]. [(2)… Read More »
SWACHH BHARAT CESS (SBC) 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 Section 119 would come into effect (notification No.21/2015-Service Tax, dated… Read More »
Press release by Ministry of Finance Govt of India on 20-November, 2015 Chairman, CBEC holds a Meeting to strengthen the Institution of Indirect Tax Ombudsmen (ITOM); ITOM, in turn, to hold Meetings with the Trade and Industry Associations in their Jurisdiction and Encourage the Taxpayers to bring forth their Problems/ Issues. The Indirect Tax Ombudsmen… Read More »
Circular No. 188/7/2015-ST Dated the 16th November, 2015 F. No. 354/129/2015-TRU (Pt.) Government of India Ministry of Finance Department of Revenue (Tax Research Unit) *** Dated the 16th November, 2015. 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… Read More »
[TO BE PUBLISHED IN THE GAZETTE OF INDIA,EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 109/2015-CUSTOMS (N. T.) New Delhi, the 16th November, 2015 G.S.R. (E). In exercise of the powers conferred by section 75 of the Customs Act, 1962 (52 of 1962), section 37… Read More »