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Tag Archives: Service Tax Knowledge

Point of Taxation in case of Reverse Charge (Service Tax)

Point of Taxation in case of Reverse Charge

Point of Taxation in case of Reverse Charge (Service Tax). POT in case of Reverse Charge, Point of Taxation when attracts in case service receiver has to pay service tax under sub-section (2) of section 68 of the Act. Find Critical Analysis and Diagrammatic Presentation for POT in case of Reverse Charge. Now check more details about Point of Taxation in case of Reverse Charge from …

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Ancillary services by Goods Transport Agency

Ancillary services by Goods Transport Agency

Ancillary services by Goods Transport Agency, Ancillary services by Goods Transport Agency now not required to be segregated into parts for the purpose of Service Tax. Check More Details regarding Ancillary services by Goods Transport Agency from Below. Ancillary services by Goods Transport Agency Meaning of Goods Transport Agency Goods Transport Agency (GTA) has been defined to mean any person who provides …

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Accounting Treatment of KKC (Krishi Kalyan Cess)

Accounting Treatment of KKC Case B And F

Accounting Treatment of KKC (Krishi Kalyan Cess). Check Accounting Entries for Krishi Kalyan Cess. Check Journal Entries and Adjustments related to KKC (Krishi Kalyan Cess). In this article we provide complete details for Accounting Entries of KKC with Empales and Various Case Laws. Now Scroll down below n check more details for “Accounting Treatment of KKC (Krishi Kalyan Cess)” Accounting Treatment …

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Service Tax Reverse charge mechanism – Complete Details

Service Tax Reverse charge mechanism - Complete Details

Service Tax Reverse charge mechanism – Complete Details. Hi Friends Find Complete Details for Service Tax Reverse charge mechanism. In this article You can find complete details for Service Tax Reverse charge mechanism like – What is Reverse charge mechanism, Applicability, Small Service Provider Exemption etc. Now you can scroll down below and check full details regarding “Service Tax Reverse charge mechanism – Complete …

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Indirect Tax System in India – List of Taxes Under Indirect tax

Indirect Tax System in India

Indirect Tax System in India – List of Taxes Under Indirect tax. India has a three-tier federal structure, comprising the Union Government, the State Governments and the Urban/Rural Local Bodies. The power to levy taxes and duties is distributed among the three tiers of Governments, in accordance with the provisions of the Indian Constitution. Now check more details for “Indirect Tax …

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Levy of Krishi Kalyan Cess (KKC) under Service Tax

Levy of Krishi Kalyan Cess (KKC) under Service Tax and Applicability for CA Final and CA IPCC Nov 2016 Exams. Krishi Kalyan Cess is not applicable for CA Final nov 2016 Exams. The Finance Bill 2016 had imposed KKC at 0.5% on all or any of the taxable services. The levy of KKC has become effective from 01.06.2016. Therefore, after introduction of …

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Tips for Avoiding Mistakes in Service Tax Returns

Tips for Avoiding Mistakes in Service Tax Returns

Tips for Avoiding Mistakes in Service Tax Returns, As now the return filing due date has been coming near by for the service tax return of 6 monthly transactions ending last March, the errors and mistakes are also committed by the filers, to reduce the same, this article would help you from committing such mistakes. There has been lot of pressure …

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Krishi kalyan cess & Infrastructure cess With Summary

Krishi kalyan cess & Infrastructure cess

Krishi kalyan cess & Infrastructure cess With Summary, Finance minister in his budget 2016 speech has announced a cess “krishi kalyan cess” which would make the existing service tax rate 15% from 14.5%. Out of all the expectations from the common man to MNC, salaries employee to startup enthusiast, this budget stands as a one focused on the unorganized sectors of …

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