Service Tax - 5. page

Refunds : In the event the assessee has to claim a refund of service tax, he has to comply with section 11B of the Central Excise Act, 1944 which is made […]

Liability under Act to be first charge [Section 88]: Notwithstanding anything to the contrary contained in any Central Act or State Act, any amount of tax, penalty, interest, or any other sum […]

Recovery of any amount due to Central Government [Section 87] : Central Excise Officer can recover any amount due under the service tax law by one or more of the modes […]

Rectification of mistake apparent from the records by the Central Excise Officer [Section 74] : (1) Time-limit for rectification of the order: Any mistake apparent from the records may be rectified by […]

Provisional attachment to protect revenue in certain cases [Section 73C] : (1) Provisional attachment of property to protect revenue: During the pendency of any proceeding under section 73 or section 73A, the […]

Demand of Service Tax : Recovery of service tax not levied or paid or short-levied or short-paid or erroneously refunded [Section 73]: Section 73 deals with the value of taxable services […]

Assessment : (1) Self assessment: Every person liable to pay the service tax shall himself assess the tax due on the services provided by him and shall furnish to the Superintendent […]

Accounting codes for payment of service tax : Earlier, under the positive list approach of taxation of services, Department had issued Accounting codes [eight digit numerical codes] in respect of each […]

Records [Rule 5 of Service Tax Rules, 1994] : (1) No prescribed nature and form of records to be maintained: The records (including computerised data) as maintained by an assessee in […]

Large Tax Payer [Rule 10 of Service Tax Rules, 1994] : LTU scheme is the beneficial scheme which would act as the single window facilitation centre for all large entities paying […]