sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
News Headlines »
 How to use your Form 16
 Which ITR form applies to you for financial year 2017-18?
 Income tax returns filing form-2 released; should you use it? Find out
  Are you planning to file ITR 1 form? here's how to do it Income Tax Return (ITR) filing
 30 LPA-Opening Financial Controller
 ITR form 2 in java release by CBDT for return filing by individuals
 How to file your income tax return using ITR Form-1 Income Tax efiling for AY 2018-19
 Income tax returns (ITR) filing: Have you received I-T dept notice? Safeguard yourself; here is how
 Delayed release of electronic ITR forms may compel CBDT to extend the filing deadline
 Trading volume linked to tax return?
 How to e-verify your income tax return? Here are five ways to do it

Govt seeks views on Rustagi report on service tax circulars
March, 13th 2007
The Government has sought the views and suggestions of trade and industry associations and all others concerned with service tax on the recommendations of the Rustagi report on review of service tax circulars and instructions.

Official sources said that the comments would have to be sent to the Finance Ministry before March 31.

Last year the Government asked Mr T.R. Rustagi, Chief Commissioner of Central Excise (retd), to review all the service tax circulars and instructions since 1994 and come up with recommendations to weed out the redundant circulars in the wake of legislative changes in service tax over the last decade.

Mr Rustagi had submitted his report to the Government in February.

The report has segregated the circulars, clarifications and instructions issued by the Revenue Department into three categories - 1) to be withdrawn 2) to be retained and 3) to be modified.

Taxation of services was introduced in 1994. Since then, the Revenue Department has issued several circulars, instructions and clarifications.

Currently, 96 services come under the service tax net. This number will go up once Budget 2007-08 is passed by Parliament.

Meanwhile, the Centre is well on course to achieving the revised estimate of service tax collections of Rs 38,169 crore for 2006-07. For 2007-08, the target has been pegged at Rs 50,200 crore.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Organic SEO Outsourcing Organic Search Engine Optimization Outsourcing Organic Website SEO Organic SEO India Website SEO India Organic Search Engine Optimization India Organic Internet SEO India Organic Web

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions