Service Tax, Service Tax Law, Service Taxes

Saturday | 18 May 2013

Welcome: Guest

Margins of trading segment can’t be applied to indenting segment; no re-characterisation unless facts justify
Capital gain from sale of property held in name of partner in all phases will be taxable in his hands only
Sale on behalf of AE couldn’t be treated as sale by assessee if it wasn’t routed through its books
Assessee gets immunity from penalty on its failure to get accounts audited as cap gain treated as business profit
CBDT issues FAQs and Guidance on ‘Advance Pricing Agreement’
Speed post isn't valid mode of service as law requires registered post with acknowledgement due
No TP adjustment required if assessee’s operating margin is within tolerable range of 5%, says ITAT
‘Ambiguous language in Bill can't be compared with Act rectifying it; SB ruling in Merilyn Shipping's case not acceptable’
Subsidy includible in value of services only if it is granted for specified services
Taxation of e-commerce transactions - A Singapore tax guide
Singapore tax guide on e-commerce transactions
Cos with multiple segments to be examined on segmental level if they have complete comparable segment
Capital gain invested within extended period for filing of return is also eligible for Sec. 54F deductions
ST paid on service of commission agent facilitating sales and marketing of goods is input service
Announcement of substantial acquisition to be made if it exceeds threshold limit even if acquired in a concert
Distributors aren’t liable to pay ST on commission earned when ST on total SIM value is paid by service provider
No tax to be deducted from gain accrued to FII on cancellation of forward contract if it isn’t taxable in India

Your Session Will Expire in seconds.

What should we do?

Matter remanded as demand was confirmed without considering docs produced by assessee

18-05-2013

ST : Where demand has been confirmed without considering documents produced by assessee, matter needs to be remanded back for fresh adjudication

Credit to be allowed for ‘rent-a-cab’ service availed by employees for official tours

18-05-2013

ST : Rent-a-cab service used for its employees is eligible for credit subject to assessee establishing that such service was used for undertaking...

ST paid on service of commission agent facilitating sales and marketing of goods is input service

17-05-2013

ST : Service tax paid on services of a Commission Agent who facilitated sales and marketing of manufactured goods, is admissible as input service credit

ST paid on services of ‘Terminal Handling’ used in export of goods is eligible for refund

Distributors aren’t liable to pay ST on commission earned when ST on total SIM value is paid by service provider

Letting out a car abroad by a foreign company to an Indian co. isn’t liable to ST in India

Commissioner (Appeals) has no power to condone delay beyond the prescribed limitation period

Appeal for non-prosecution dismissed as assessee neither appeared nor filed adjournment application

Appeal in pursuance of review carried out by different members on different dates is unauthorized

No ST on architect’s services if evidences are not produced to establish registration of assessee as architect

Speed post isn't valid mode of service as law requires registered post with acknowledgement due

18-05-2013

ST : Sending adjudication order through speed-post is not a valid service as per section 37C of the Central Excise Act, 1944 as order is to be sent by...

Subsidy includible in value of services only if it is granted for specified services

17-05-2013

ST/ECJ : Subsidy is included in value of services only if they are given to provide particular services and there is a significant relationship between...

Services of handling, stevedoring, loading, unloading, tug-hire, etc., used for export are eligible for refund

17-05-2013

ST : Handling, stevedoring, loading, unloading, tug hire and labour arrangement services used for export goods are eligible for refund as they are 'port...

Expert's Comments