Wednesday, February 23, 2011

Service Tax Online Alerts

Alert No 20110223A : 23 February, 2011
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Latest Amendments and Recent News Views & Stories
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Latest News Views and Stories
Service Tax On Export of Services
Export of taxable services are exempted from the purview of Service Tax by the Government of India with an intention to earn precious foreign exchange, development of the national economy and also to promote brand 'India' globally. As per Export of Services Rules 2005, a taxable service shall be treated as export of service if such service is provided from India and used outside India. A number of litigations have been initiated by the department on the ground that the following specified activities do not satisfy the condition 'used outside India'...more
 
Service Tax exemption for maintenance of infra projects
Centre, through a notification issued on July 27, 2009, provided exemption from service tax to management, maintenance or repair of roads...more
Recent Important Judgement
STO 2010 CESTAT 214
Suppression of Facts :
The law as laid down in section 73 as it stood as on 28.3.2005 was required to be applied, and therefore it was necessary to allege and establish suppression before confirming the demand for a period beyond the normal period of limitation,...more
 
STO 2010 CESTAT 215
Cenvat Credit: Input Service :
Tax paid on outdoor catering service is available as cenvat credit...more
 

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