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Service Tax Articles - Applicability, Rates, Levy, Cenvat Credit, Provisions
14 06, 2016

Cross Border Transaction and Service Tax

By | 2017-04-06T10:49:06+00:00 June 14th, 2016|Uncategorized|

Service Tax is a value added consumption tax which means that every service shall attract Service Tax each time service is supplied or imported along the commercial chain to its final consumption in India. The destination principle means that Service Tax shall be levied in the country in which services are finally consumed.  Thus, when [...]

14 06, 2016

Budget 2014 – Service Tax Provision

By | 2017-04-06T10:49:06+00:00 June 14th, 2016|Uncategorized|

Clause by Clause analysis of Service Tax provisions in Finance (No.2) Bill, 2014 Budget 2014 seems to be a mix bag for meeting multiple objectives.  The budget aims to serve rectification which cannot be undone, planning for “achhe din” in long term, in short term a budget of introduction of remedial measures by stroke of [...]