Latest Amendments and Recent News Views & Stories
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| Latest News Views and Stories |
| 'Served from India Scheme' to boost export of services | | Incentives in any form are welcome. With government realizing the need to boost the service sector exports, duty credit scrip equivalent to 10% of the export earnings in free foreign exchange is a positive step in the direction of globalizing Indian service sector. Service contribute almost half of the country's GDP...more | | |
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| Larger Bench to take a call on Service Tax on rents | | Service Tax on renting income has seen many ups and downs in the recent past. A number of rounds of bouts have been played out by the department and the trade in the Delhi High Court as well as the Supreme Court on the issue, with the last round going against the trade, clearly tilting the balance in the favour of the department...more | | |
| Recent Important Judgement |
| STO 2010 CESTAT 209 | Rent-a-cab operator: Appellant orally told that service to NHAI not taxable: Not a valid ground:
Suppression established: However, abatement admissible...more | | |
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| STO 2010 CESTAT 210 | Delay in filing appeal:
Section 5 of Limitation Act is not applicable. Delay can be condoned maximum 30 days beyond statutory period...more | | |
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