Service Tax
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Can Centre impose service tax on lottery distributors? Supreme Court clarifies
Business | Feb 11, 2025, 02:04 PM ISTThe Centre had moved the top court in 2013. The high court judgement had come on a plea filed by lottery firm Future Gaming Solutions Pvt Ltd.
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DGGI summons foreign airlines operating in India over alleged tax evasion
Business | Feb 15, 2024, 09:50 PM ISTDGGI, the investigative arm under the GST regime, said head offices of foreign airlines providing services like ental, maintenance of aircraft and crew salaries are taxable under the reverse charge mechanism. It has sought clarification from ten foreign airlines.
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CAPSI writes to PM, seeks service tax exemption on pvt security services
Business | Aug 02, 2020, 03:48 PM ISTThe Central Association of Private Security Industry (CAPSI) has written to Prime Minister Narendra Modi, saying private security services should be exempted from paying service tax.
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Tax officials to scrutinise mismatch between income tax and service tax returns
Business | Apr 08, 2019, 06:32 PM ISTMismatches were also noticed for the financial year 2016-17, for which data is being shared with the field offices.
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GST: How the new tax regime will impact food and restaurant services?
Lifestyle | Jun 30, 2017, 01:07 PM ISTIn terms of food services and restaurant services, GST is going to bring rejoice for both restaurant owners and customers
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Step-by-step guide to GST enrolment for existing Central Excise, Service Tax Assessees
Jun 27, 2017, 08:03 PM ISTA video tutorial by the CBEC to help Central Excise and Service Tax assessees to migrate to GST.
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Service tax to go up from 15 pc to 18 pc under GST, says Revenue Secretary
Apr 13, 2017, 02:00 PM ISTHasmukh Adhia informed that the services sector is likely to attract a higher tax rate of 18 per cent from the current 15 per cent under the GST regime, thus making services more expensive.
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Service Tax dept issues notice to Sania Mirza for alleged evasion
Tennis | Feb 09, 2017, 09:02 AM ISTTennis player Sania Mirza has been issued notice by the Service Tax department in connection with alleged non-payment or evasion of Service Tax.
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Budget may see big move on service tax, govt considering dual rate of 12 and 18 pc
Jan 25, 2017, 04:44 PM ISTThe government is planning to introduce two rates of service tax in the Union Budget, with one slab for essential services and another for non-essential services.
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RBI plans to abolish service tax on card transactions up to Rs 2,000
Dec 08, 2016, 12:53 PM ISTIn an attempt to promote digital transactions amid cash crunch following currency ban, the government is all set to waive service tax on debit and credit card transactions of up to Rs 2,000.
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15% service tax on all downloads from foreign portals starting Dec 1
Nov 12, 2016, 10:05 AM IST15% service tax on all downloads from foreign portals starting December 1
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In huge relief for flat buyers, HC rules against service tax levy on under-construction buildings
Jun 09, 2016, 01:29 PM ISTNew Delhi: The Delhi High Court has said that there will be no service tax on contracts between buyers and builders for purchase of under-construction flats in a housing complex. The court also clarified that
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Krishi Kalyan Cess comes into force, mobile, eating out, travel to cost more
Jun 01, 2016, 09:42 AM ISTNew Delhi: Modi government's proposed Krishi Kalyan cess of 0.5% will come into force from today(June 1). It will be levied on all taxable services from 1 June in addition to the Swachh Bharat cess
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Indirect tax collections in April rose 41 per cent to Rs 64,000 crore
May 11, 2016, 06:59 PM ISTNew Delhi: India's indirect tax collections for April rose 41 percent to Rs.64,394 crore -- mainly on account of a spike in central excise realisations, a finance ministry statement said today. The figure was Rs.45,417
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Income Tax refunds worth Rs 1.22 lakh crore issued in FY’16: Govt
May 06, 2016, 07:01 PM ISTNew Delhi: The Income Tax department has issued 2.10 crore refunds totalling over Rs 1.22 lakh crore in 2015-16, which saw 94 per cent the returns being filed online “During FY 2015-16, more than 2.10
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Government to move Supreme Court on Service Tax levy on lawyers
India | Apr 11, 2016, 08:02 PM ISTNew Delhi: The revenue department has decided to move the Supreme Court for transfer of petitions filed in three High Courts, which had stayed levy of service tax on legal services provided by senior advocates.
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Service Tax deptt moves to recover Rs 535cr dues, Vijay Mallya's aircraft to go under hammer
Apr 02, 2016, 10:42 PM ISTthe Finance ministry has said that the service tax department will "very shortly" auction liquor baron Vijay Mallya's aircraft to recover dues estimated at nearly Rs 535 crore.
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No arrest for Service Tax evasion for Rs two crore: Govt
Mar 02, 2016, 04:18 PM ISTNew Delhi: The Finance Ministry has proposed 100 per cent increase, to Rs two crore, in the monetary limit for arresting Service Tax evaders, a step aimed at projecting its taxpayer-friendly image.At present the limit
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How not to get confused between service tax and service charge
Dec 13, 2015, 02:56 PM ISTWe all love to visit restaurants. Love to have the delicious mouth watering food but what we forget is the amount being paid by us. Without understanding the difference between service tax and service charge
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Service Tax: New guidelines for returns' scrutiny from August
Jul 17, 2015, 06:15 PM ISTNew Delhi: Announcing new guidelines for the manual scrutiny of service tax returns from August 1, the finance ministry on Friday said while scrutiny and anti-evasion work will be the domain of the Central Board of