Analysis of Entry (b): Services provided by Reserve Bank of India in negative list : All the services by the Reserve Bank of India gets covered in the negative list, and become non […]
All posts by Neha Mishra - 109. page
Professional Tax Consultant and Article Writer
Analysis of Entry (a): Services by Government or Local Authority, entry (o): Transportation of passengers & entry (p): Transportation of goods in negative list
Analysis of Entry (a): Services by Government or Local Authority, entry (o): Transportation of passengers & entry (p): Transportation of goods in negative list : All the services provided by the Government […]
Negative list of services [Section 66D] :
Negative list of services [Section 66D] The charging section 66B of the Finance Act, 1994, inter alia, provides that service tax shall be levied on all services, except the services specified […]
Steps to determine the taxability of a service under Charge of Service Tax [Section 66B]
Steps to determine the taxability of a service under Charge of Service Tax [Section 66B] : After having understood the definition of service and the provisions of charging section 66B, these simple steps […]
Statutory provisions under Charge of Service Tax [Section 66B]
Statutory provisions under Charge of Service Tax [Section 66B] : Section 66B is the charging section of the Act, which provides that there shall be levied a tax (hereinafter referred to as […]
Definition of service [Section 65B(44)]
Definition of service [Section 65B(44)] : Earlier, under the selective approach of taxation of services, the word “service” was nowhere defined in the Finance Act, 1994. In the negative list approach […]
Extent, Commencement and Application [Section 64]
Extent, Commencement and Application [Section 64] : (1) Extent & commencement: The Finance Act, 1994 came into force from 1.7.1994. Vide section 64(1), the provisions of the Act extends to the […]
Role of a Chartered Accountant
Role of a Chartered Accountant : Since with the introduction of the negative list the gamut of service tax has expanded substantially, there would be a great need for professionals to […]
Director General (Service Tax)
Director General (Service Tax): Considering the increasing workload due to the expanding coverage of service tax, it was decided to centralise all the work and entrust the same to a separate unit […]
Administration of service tax
Administration of service tax : The Department of Revenue of the Ministry of Finance exercises control in respect of matters relating to all the direct and indirect taxes through two statutory […]