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| Latest News Views and Stories |
| Decoding the various facets of service tax applied on job work | | Outsourcing labour oriented production and processing activities is considered as sensible and appropriate in the current times. This helps one concentrate on the more important tasks ,such as branding and Selling their goods . Thus majority of the large manufacturing units have started getting their goods manufactured , produced or processed by outside agencies popularly known as Job workers......more | | |
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| Point of taxation deferred till 30.6.2011 | | Finance Minister's during the course of Discussion on the Finance Bill 2011-12 in Lok Sabha admitted that certain changes in the relevant provisions are being worked out in the Point of taxation Rules . The said rules were due to come into force from April 1, 2011 and are meant to shift the payment of service tax from only cash basis towards accrual basis. The changes are essential to align the system of payment of taxes between goods and services....more | | |
| Latest Amendments |
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| Recent Important Judgement |
| STO 2010 CESTAT 246 | Service Tax: Penalty: Section 80 :
The appellant had paid Service Tax and interest before the issue of show cause notice. They waited and didn't pay tax since they were advised by Cab Operators Association that the association was pursuing the matter and they should wait. Having regard to this situation, lenient view was taken. Section 80 is invoked....more | | |
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| STO 2010 CESTAT 247 | Security Agency Service: Commissioner (A) having passed non speaking order :
Matter remanded back....more | | |
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| STO 2010 CESTAT 248 | Levy of service tax: Also Excise duty: Facts not considered by the Commissioner :
Stay granted: Matter remanded...more | | |
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