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| Latest News Views and Stories |
| Negative List of Services For GST | | Finance Minister Pranab Mukherjee in his Budget 2011-12 speech had said that many experts have argued that it will be desirable to tax services based on a small negative list. This step is necessary so that many untapped sectors are brought into the tax net. Currently, few services come under the tax net. But after GST is implemented, taxes would be levied on most of the services. But there is no proposal to have similar negative list for Goods...more | | |
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| Latest Amendments |
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| Recent Important Judgement |
| STO 2010 CESTAT 249 | Cenvat credit on input services:Common services for taxable and exempted output services :
Assessee throughout disputing that they were rendering both type of output services: Hence limitation is applicable: Demand time barred...more | | |
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| STO 2010 CESTAT 250 | GTA Service: Stay: Limitation :
Appellants disputing levy on the ground that they were arranging for transportation on behalf of farmers, hence, not liable to pay service tax: On Limitation prima facie case made out: Stay granted...more | | |
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