FM announces Infrastructure CessEducation Sector Removed from Negative ListThe time-limit for issuance of SCN for non-fraud cases is proposed to increase to 30 MonthsThe Cenvat Credit Rules SimplifiedNew Annual Return to be filed by Service Tax AssesseeSoftware on media bearing MRP is exempted from Service TaxAbatement reduced for Residential PropertyHUF can now pay Service Tax on Quarterly BasisThe right to use the radio-frequency spectrum and subsequent transfers to be declared as a Service.Interest Rates Reduced to 18% when Service Tax is not collected.Excise Duty on Tobacco products except bidis hiked by 10-15%Krishi Kalyan Cess on the taxable services at the rate of 0.5%

Case Laws

Photography Service: Valuation: Payment of service tax and VAT are mutually exclusive, there remains no doubt that the value of photogr...
Refund: Notification No. 41/2007-ST, dated 06.10.2007: Refund denied on classification issue: It is not open to the service recipient to question...
Demand: BAS: Mere providing of table space will not give valuable inputs to identify as to what taxable service is rendered....
Manufacture of Medicines: Business Auxiliary Service: Exemption available as the goods are excisable goods as per Drugs & Cosmetics Act and Rules....
Renting of Immovable Property: Penalty: Section 80(2): Demand is for the period 2007-2011 and the same was payable on 6thday of March 2012. The liabil...
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Articles & Analysis

 Posted on April 20, 2016 By: Team STO

 

Service Tax Exemptions to the Services Provided by the Government

Any service provided by Government or a local authority to a business entity has been made taxable w.e.f 1st April 2016. Thus, there have been many issues which are raised by trade and industry. Accordingly CBEC has clarified ...........

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 Posted on April 13, 2016 By: Team STO

 

Exemption to Services by Indian Institutes of Management

Indian Institute of Management is known as the top ranking establishment known for its management education and research in India. They primarily offer postgraduate, doctoral and executive education programs. ..........

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