The State Government Industrial Developmental Corporation has been granted retrospective exemption for amounts received towards grant of long term lease.Exemption from Service Tax to Armed Force Insurance Funds. Research & Development Cess has been proposed to be repealed.The pending cases before Advance Ruling Authority are proposed to be transferred separate AuthorityNo major alterations in indirect taxes.Budget 2017 : Paving way for GSTBudget 2017 : FM to decide fate of economyExcise, Service Taxpayers To Migrate To GST Portal By January 31Dual Control is delaying GSTGST to be simple, less burdensome for industry: Hasmukh Adhia

Case Laws

Cenvat Credit: Input Service: Renovation and Modernisation: Service provider provided it as Works Contract Service: Discharged service tax liability a...
Non payment: Revenue Neutral: Cenvat Credit admissible: When the appellant can take credit and utilize it further for the payment of tax, naturally th...
C&F Agent Service: Business Auxiliary Service: Law is well settled that the scope of taxing entry is to be strictly construed and there is no intendme...
Commercial Coaching or Training: Demand: Course Completion Certificate/training offered by such Institutes is recognized by law: Demand set aside....
Interest: Appellant is required to pay the interest on the amount demanded in the show cause notice: Order beyond the show cause notice....
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Articles & Analysis

 Posted on March. 15, 2017By: Team STO

 

Higher Education to be High-priced

India holds an important place in the global education industry. Under various articles of the Indian Constitution, free and compulsory education is provided as a fundamental right to children. The Government always remains liberal when it comes to the Educational Sector.............

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 Posted on March. 09, 2017By: Team STO

 

GST Migration - Voluntary or Mandatory?

At present, tax payers are separately registered with State and/ or with Central tax administrations or with both based on their business activity. In the GST regime, a taxpayer will have to obtain State wise registration. Even within a State, the taxpayer may either opt for a single registration or multiple registrations for different business verticals.  ............

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