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Posted Date : 20-Apr-2024 , 06:40:13 am | Posted By CASANSAAR
In a setback to the Patanjali Yogpeeth Trust, the Supreme Court on Friday upheld an appellate tribunal’s ruling that the organisation is liable to pay service tax for charging an entry fee for organising Yoga camps, both residential and non-residential. A bench of Justices Abhay S Oka and U...
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Posted Date : 09-Nov-2018 , 09:44:20 pm | Posted By CASANSAAR
The High Court recently imposed an ‘exemplary cost’ of Rs 1 lakh on the Commissioner of Service Tax (Appeals) Suresh Kumar, which he has to pay “from his personal funds”. The fine came after what the HC termed was a “total callous, negligent and disrespectful behaviour ...
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Posted Date : 13-Dec-2017 , 08:02:18 am | Posted By CASANSAAR
In a relief to IT companies, government has set aside a 10,000 crore rupee service tax demand notices on IT companies. In a statement, the Finance Ministry said, as a result, apprehensions about the negative effects on the software industry are without basis. The government's move came a day ...
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Posted Date : 18-Oct-2017 , 08:33:40 am | Posted By CASANSAAR
In order to clear the pendency of cases as on 30th June 2017 before the Commissioners of Central Excise and Service Tax (Appeals), the CBEC will redistribute the cases pending in the jurisdiction of a Principal Chief Commissioner / Chief Commissioner of Central Excise and Service Tax, among other Co...
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Posted Date : 29-Sep-2017 , 07:40:58 am | Posted By CASANSAAR
Certain transitional issues arising with respect to payment of service tax after 30th June 2017 have been clarified by CBEC vide circular dated 28-9-2017. It has been clarified that in cases where service was received before 1-7-2017 and payment for the value of the service was also made be...
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Posted Date : 26-Apr-2017 , 02:24:07 pm | Posted By CASANSAAR
Extension of the date of submission of the Form ST-3 for the period 1st October 2016 to 31st March 2017 from 25th April 2017 to 30th April 2017, Order No. 01/2017-Service Tax dt. 25-04-2017. www.casansaar.com...
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Posted Date : 11-Mar-2017 , 08:05:31 am | Posted By CASANSAAR
Service tax arrears more than tripled to Rs 71,257 crore in 2014-15 within a couple of years, apex auditor CAG said today, expressing concern that the recovery is not being given due importance. The arrears of service tax were at Rs 22,014 crore in 2012-13, it said. The Comptroller and Auditor...
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Posted Date : 23-Nov-2016 , 08:41:51 am | Posted By CASANSAAR
Train tickets booked through the IRCTC website will become cheaper from tomorrow till the end of the year as the government has waived service tax to encourage cashless transactions in the wake of the demonetisation exercise. Service tax will not be levied on tickets booked through the IRCTC webs...
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Posted Date : 28-Sep-2016 , 08:42:01 am | Posted By CASANSAAR
Yoga instructor Ramdev's trusts and similar other institutions engaged in promoting yoga are not required to pay the service tax for a period, starting from June 20, 2012 to October 20, 2015, provided they are registered as charitable entities. For period after October 20, 2015, Yoga-promotin...
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Posted Date : 27-Sep-2016 , 08:23:02 am | Posted By CASANSAAR
The Centre moved the Supreme Court seeking to restore its power to take action against service tax defaulters on Monday. The Centre pleaded the Supreme Court division headed by Chief Justice of India TS Thakur to restore its power to arrest the defaulters of service tax. However, after h...
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Posted Date : 05-Sep-2016 , 04:30:58 pm | Posted By CASANSAAR
Services sector growth touched the highest level in over three-and-a-half years, driven by new business orders amid improved market conditions. Nikkei India Services Purchasing Managers' Index (PMI), which tracks changes in activity at services sector companies on a monthly basis, stood at 54.7 ...
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Posted Date : 12-Aug-2016 , 10:40:23 pm | Posted By CASANSAAR
The Delhi High Court on Friday, upheld the Centre’s decision to impose service tax on food and beverages served in air-conditioned restaurants and hotels across the country. A bench of Justices S Muralidhar and Najmi Waziri, however, held as “unconstitutional and invalid” the pr...
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Posted Date : 08-Aug-2016 , 07:32:14 am | Posted By CASANSAAR
The Delhi high court’s Division Bench comprising Justices S. Muralidhar and Vibhu Bakhru today dismissed challenges by liquor manufacturers’ associations to the levy of service tax by the Central Government on those who manufacture alcoholic liquor on job work basis. The central thrus...
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Posted Date : 09-Jun-2016 , 08:12:10 am | Posted By CASANSAAR
In a judgment that could have ramifications for home buyers across the country, the Delhi High Court has held that service tax cannot be charged on property units in a complex, which include builder flats, group housing flats and builder floors. The Delhi High Court bench of Justice S Muralidhar and...
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Posted Date : 28-May-2016 , 07:49:01 am | Posted By CASANSAAR
Eating out, mobile phone usage and air and rail travel will become expensive with the new Krishi Kalyan Cess (KKC) of 0.5 per cent on taxable services coming into force from June. With imposition of Krishi Kalyan Cess the total incidence of Service Tax will go up to 15 per cent. KC...
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Posted Date : 04-May-2016 , 07:07:10 am | Posted By CASANSAAR
In order to recover Rs 3,348 crore dues, the service tax department has issued 834 show cause notices to service providers who collected the tax from customers but did not deposit it in government accounts in 2015-16. "There have been cases of service providers who have collected servi...
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Posted Date : 25-Apr-2016 , 08:44:20 pm | Posted By CASANSAAR
Tweet of Finance Ministry Govt extends the date of filing ST-3 returns to 29th April from 25th due to difficulties faced by taxpayers in ACES application. #casansaar https://twitter.com/FinMinIndia e GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCI...
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Posted Date : 12-Apr-2016 , 07:11:09 am | Posted By CASANSAAR
The revenue department has decided to move the Supreme Court for transfer of petitions filed in three High Courts, which had stayed levy of service tax on legal services provided by senior advocates. It has also decided to rope in Attorney General in the case and get the stay orders vacated. Th...
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Posted Date : 01-Apr-2016 , 07:23:13 pm | Posted By CASANSAAR
The Delhi High Court today issued notice to the Union Government over a plea moved by the Delhi High Court Bar Association that had challenged imposition of service tax on Senior Advocates. A Division Bench of Justices Dr. S. Muralidhar and RK Gauba also stayed the relevant ...
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Posted Date : 29-Mar-2016 , 07:14:39 am | Posted By CASANSAAR
1. Utility for e-filing Service Tax Return (ST-3) for the period October, 2015 – March, 2016 is now available in both offline and online version. The last date of filing the ST-3 return for the said period is 25th April, 2016. To avoid congestion and inconvenience in the last minute, all asses...
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Posted Date : 03-Mar-2016 , 08:12:10 am | Posted By CASANSAAR
The Finance Ministry has proposed 100 per cent increase, to Rs two crore, in the monetary limit for arresting Service Tax evaders, a step aimed at projecting its taxpayer-friendly image. At present the limit to arrest such evaders is Rs one crore. Finance Minister Arun Jaitley has proposed to ...
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Posted Date : 18-Jan-2016 , 08:07:35 am | Posted By CASANSAAR
The service tax department is sitting on Rs 37,387 tax refunds to exporters. Industry officials allege that the department is resorting to delaying tactics in order not to let go off the revenues by hook or crook. Up to November, the service tax refund of Rs 37,387 crore has been stuck with the a...
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Posted Date : 22-Dec-2015 , 08:51:30 pm | Posted By CASANSAAR
The government has collected Rs. 329.6 crore in a month’s time from the 0.5 per cent Swachh Bharat cess which is imposed on all taxable services, the Parliament was informed on Tuesday. “The provisional figures of Swachh Bharat cess collected till December 16, 2015, is about Rs. 329...
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Posted Date : 06-Dec-2015 , 10:08:45 am | Posted By CASANSAAR
The Revenue Department has extended the last date for payment of excise and service taxes in Tamil Nadu to December 20 in view of unprecedented rains which have disrupted normal life in Chennai and other areas. It has also extended the date for payment of tax d...
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Posted Date : 13-Nov-2015 , 09:15:58 am | Posted By CASANSAAR
The government on Thursday clarified the Swachh Bharat cess of 0.5% would be levied in the same proportion as the overall service tax, clearing the mounting confusion over the levy to be introduced from November 15. There are many services where full 14 per cent rate does not apply and are subjec...
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Posted Date : 13-Nov-2015 , 08:58:21 am | Posted By CASANSAAR
Swachh Bharat Cess will come into effect from 15th November 2015, at the rate of 0.5% on all services, which are presently liable to service tax. This will translate into a tax of 50 paisa only on every one hundred rupees worth of taxable services. The proceeds from this cess will be used for financ...
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Posted Date : 11-Nov-2015 , 09:32:43 am | Posted By CASANSAAR
Seeking to fast-track service tax refund to exporters, the Central Board of Excise and Customs (CBEC) on Tuesday fixed a timeline for 80% payment of the total amount claimed. "On the receipt of the document... in respect of the pending case, the jurisdictional deputy/assistant co...
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Posted Date : 07-Nov-2015 , 08:55:02 am | Posted By CASANSAAR
Swachh Bharat Cess is not another tax but a step towards involving each and every citizen in making contribution to Swachh Bharat. In this direction, the Government has decided to impose, with effect from 15th November 2015, a Swachh Brarat Cess at the rate of 0.5% on all services, which are present...
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Posted Date : 26-Oct-2015 , 10:12:18 pm | Posted By CASANSAAR
In order to resolve a long standing issue relating to levy of Service Tax on sale of flats/dwellings etc. after issue of occupancy certificate but before issue of completion certificate in areas under the jurisdiction of Municipal Corporation of Greater Mumbai i.e. Brihanmumbai Municipal Corporation...
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Posted Date : 24-Oct-2015 , 08:41:23 am | Posted By CASANSAAR
There's good news on the tax front for yoga gurus who carry on their activities via charitable trusts. Income of such trusts from yoga-related activities will now not be subject to service tax. Thus, attendees of yoga camps or classes conducted by charitable trusts will not have to pay...
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