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Service Tax

Service Tax related News, Articles and Information

Service tax levy on services provided by a Goods Transport Agency – Clarification by the department vide circular no. 186 dated 5th Oct 2015.

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The All India Transport Welfare Association (AITWA) has represented regarding the difficulties being faced by the Goods Transport Agencies (GTAs) in respect of service tax levy on the services of goods transport. Doubts has been raised by the All India Motor Transport Congress (AIMTC) regarding treatment given to various services provided by GTAs ...

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Rate of service tax on restaurant service

The Service Tax rate has been increased to 14% with effect from 1st June, 2015. Certain doubts have been raised in regard to abatement on value of services provided in relation to serving of food or beverages by a restaurant, eating joint or a mess, having the facility of air-conditioning ...

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Service Tax registration procedure and documentation required with effect from 1st March 2015

Step by step procedure for service tax registration

  The Department of Revenue has released Order NO.1/2015 dated 28th February, 2015 mentioning the documentation, time limits and procedure with respect to filing of registration applications for single premises, which shall come into effect from 1-3-2015.   A. General Procedure   Online filing: Applicants seeking registration for single premises ...

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13 things to know about payment of Service Tax

Basics of service tax

  Service Tax has to be collected and remitted to the government at regular intervals as per the applicable rules. Delayed payment of service tax attracts interest and penalty. Some of the vital points on payment of service tax are listed below. Hope this helps.   Payment of Service Tax ...

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7 Tax changes applicable from 1st April 2015

changes under Income tax, Service Tax, and Karnataka State Tax Laws with effect from 1st April 2015

  The following are the important changes under Central and State Tax Laws with effect from 1st April 2015   Conveyance Allowance – Transport allowance (popularly known as conveyance allowance) granted to an employee to meet his expenditure for the purpose of commuting between the place of his residence and ...

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