Service Charges are Discretionary/ Voluntary: Ministry of Consumer Affairs, Food and Public Distribution The Ministry of Consumer Affairs, Food and Public Distribution has issued advisory to all the State Governments/UTs to sensitise the companies, hotels and restaurants in the state regarding the relevant provisions of the Consumer Protection Act, 1986 on unfair trade practices. It… Read More »
Net Indirect Tax collection upto February 2017 stood at Rs 7.72 lakh crore, 22.2% more than the corresponding period last year Net Direct Tax collections upto February 2017 stood at Rs. 6.17 lakh crore, 10.7% more than the corresponding period last year Indirect Taxes The figures for indirect tax collections (Central Excise, Service Tax… Read More »
Govt. withdraws service-tax exemption on Services to Provided to Educational Institutions Summary : Now pay service tax on Services Provided to educational institution w.e.f 01.04.2017 (other than pre-school education and education up to higher secondary school or equivalent;”.) As per Notification No No.25/2012- Service Tax, Govt has given the following exemption from Service tax to Educational Institutions :-… Read More »
OFFICE OF THE PRINCIPAL COMMISSIONER SERVICE TAX II, MUMBAI 13th Floor, Air India Building, Nariman Point, Mumbai-400 021. F.No.ST2/Dn X/GST/47/2016-17 Mumbai, the Dated: 02nd March’ 2017 Sir/Madam, Subject: – Migration of Service Tax Assessees to GST: – Reg. As you are aware that, the process of migration of the existing Service Tax assesses to GSTN… Read More »
Govt. exempts service-tax on admission to museum during July 1, 2012 to March 31, 2015 Download Notification No 09/2017 – Service Tax Dated 28.02.217
ICAI submits Post-Budget Memoranda-2017 – (27-02-2017) Download
Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 08/2017-Service Tax New Delhi , the 20th of February , 2017 G.S.R. (E).- Whereas, the Central Government is satisfied that in the period commencing on and from the 1st of July 2012 and ending with the 31st of… Read More »
Service Tax Ready Reckoner (Budget 2017) by P.L.Subramaniam Including Amendments proposed by the Finance Bill, 2017 and Budget Notifications at Appropriate places. 28th Edition – Budget 2017 You can buy this book for Rs 1300. Click to buy this Book online Related Book on Service Tax Service Tax Service Tax How to Meet your Obligations… Read More »
Applicability of service tax on the services by way of transportation of goods by a vessel from a place outside India to the customs station in India w.r.t. goods intended for transshipment to any country outside India Circular No.204/2/2017-Service Tax F.No.354/42/201 6-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) *****… Read More »
Central Government clarifies that there is no proposal in the Union Budget 2017-18 to levy 5% service tax on healthcare services The Central Government has clarified that there is NO proposal in the Union Budget 2017-18 to levy 5% Service Tax on Healthcare Services, as reported in certain Social Media circles. Source Ministry of Finance 13-February,… Read More »