Latest Amendments and Recent News Views & Stories Brought to you by www.servicetaxonline.com |
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 | | |
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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 | | |
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STO 2010 CESTAT 215 | Cenvat Credit: Input Service : Tax paid on outdoor catering service is available as cenvat credit...more | | |
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