Friday, March 25, 2011

Service Tax Online News and Alerts

Alert No 20110325A : 25 March, 2011
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Latest Amendments and Recent News Views & Stories
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Latest News Views and Stories
Does finance ministry think SEZ as 'special evasion zones'?
The Special Economic Zones appear to be Special only to the Ministry of Commerce. In the eyes of the Finance Ministry, they are nothing but Special Evasion Zones. The Customs and Excise department looking over the day to day activity of SEZs always look at them with a suspicion and doubt...more
Recent Important Judgement
STO 2010 CESTAT 238
Banking and other financial service :
Banking and other financial service" clearly indicate with regard to the asset management and also refers to depository and trust services but does not include cash management...more
 
STO 2010 CESTAT 239
Business Auxiliary Service :
Strapping of wire rods at the factory of manufacturer not covered under BAS at the most it is activity relating to packaging: Prima facie case made out: Stay granted...more
 
STO 2010 CESTAT 240
Security Agency service v/s Manpower Recruitment Agency service :
Appellants claim that they only received 5% commission from MESCOM as MESCOM directly paid salary to security guards: Bills and copies of agreement not available for ascertaining the facts: Matter remanded back...more
 

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