Monday, September 27, 2010

Johnny and Service Tax Refund [Series- II] Part 1: ‘INVOICE’

Prepared By: -
CA. Pradeep Jain
Mayank Palgauta


We have already written one complete series of articles for the refund of service tax to exporters under notification no. 41/2007-ST. The litigation on the same is still going on. The Government has come up with the new notification no. 17/2009-ST dated 7th July, 2009 to make the scheme simple so that the refund is available to the exporters conveniently.Read More

Point of Taxation Draft Rules– Gennie of the Magic Lamp

CA. Pradeep Jain

CA. Preeti Parihar

CA. Ridhi Anchalia

Introduction-



“Alladin & his magic lamp” - hearing the stories since ages. Gennie fulfilling the desires sound too good, but what if it comes out and becomes uncontrollable… too difficult to put him in again… Now let’s take a look into its latest version – “The Government and drafts rules for determining the point of taxation”. The government has come out proposing new rules namely - Point of Taxation (for Services Provided or Received in India) Rules, 2010. Read More

Sequence to Uniqueness for Associated Enterprises

Prepared By:
CA Pradeep Jain,
CA Ridhi Anchalia and
Sukhvinder Kaur, LLB [FYIC]

Introduction: -

Every Finance Act brings with it some new services under the purview of the Service Tax. The Associated Enterprises were also a part of those services that were brought under Service Tax Act in the year 2008 vide the Finance Act. From the beginning the service of the Associated Enterprise is walking with some uniqueness.Read More

No Room for Builders under Service tax net

Prepared By:
CA Pradeep Jain
Sukhvinder Kaur, LLB

Introduction: -

The amendment relating to Construction service has big implications and everyone is talking about the same. We have already written an article titled ‘Deeming Construction Service: Caught in Tax Net’ on the same. This was also available on our website as well as published on taxindiaonline.com also. Through this article, we are taking deeper look on the matter`Read More