Category: Service Tax

It is a practice restaurants use to extract the tip from you after you’re through with the dining. Many have been known to add a ‘service charge’ in the range...

The due date of filing Service Tax Return for the period Oct 16 to Mar 17 has been extended from 25th April 2017 to 30th April 2017. The reason for...

Service Tax Number is a unique 15 digit number which is allotted to the assessee at the time of filing an application for registration for Service Tax.  Just like PAN...

As per the Rules framed by the Indian Govt., every Service Provider has to mandatorily apply for Service Tax Registration if the Value of Services expected to be rendered by...

The ECPG Scheme i.e. the Export Promotion Capital Goods Scheme is a part of the Foreign Trade Policy of the Indian Govt. The Foreign Trade Policy of the Govt for...

Arun Jaitley while announcing the Budget 2016 has introduced a new cess which would be levied @ 0.5% on the value of all taxable services. This would be levied @...

Budget 2016 Update: Finance Minister while presenting the Budget 2016  introduced a new Cess called the Krishi Kalyan Cess. This Cess would be levied on all taxable services and would...

The taxes collected by the Indian Govt can broadly be defined into 2 categories – Direct and Indirect. The Direct Taxes are basically the taxes which are directly levied on...

The Govt in Budget 2015 announced that the Rate of Service Tax is being increased from 12.36% to flat 14%. The date of applicability of this new service tax rate...