Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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
 
 
 
 
Popular Search: Central Excise rule to resale the machines to a new company :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: form 3cd :: ACCOUNTING STANDARDS :: TDS :: ACCOUNTING STANDARD :: due date for vat payment :: cpt :: list of goods taxed at 4%
 
 
« Service Tax »
 Step by Step Guide for GST Enrolment for existing Central Excise / Service Tax Assessees
  Smart things to know about income tax refunds
 Further clarification to Circular No. 1/2017 - GST dated 21st July, 2017.
 GST Return Filing: How to handle discounts and additional cost
 GST base looks set to be at least 25% wider than earlier tax regime
 Businesses struggle with multiple tax rates, returns
 Common use items exempt from e-way bill provision under GST
 Goods And Services Tax Sends Taxes Racing
 How GST lesson can unleash untapped potential of education sector in India
 Services sector PMI falls most in 4 years on GST
 Missing column in GSTR 3B form leaves input claims a shaky edifice

Govt. to scrap service tax on short courses: IIMs
March, 30th 2011

The government has finally acceded to the Indian Institute of Managements (IIM) long-standing demand for waiving of service tax on certain management courses.

The Central Board of Excise & Customs (CBEC) is learnt to have decided to waive service tax on open enrollment short duration executive programmes. The Commissioner of Service Tax will soon issue an order to this effect.

The move comes days after IIM-Ahmedabad director Samir Barua raised the issue on the sidelines of the institutes convocation presided over by Prime Minister Manmohan Singh.

Open enrollment short duration executive programmes are usually intensive management programmes on key management-related issues and attract a number of mid-career corporate executives and managers.

The programmes are popular and help earn the IIMs a decent revenue. But a service tax of around 10-12 per cent on these courses obviously hits the IIMs.

On March 27, Barua had said while the IIMs paid service tax on income generated from advisory work, consultancy services and customised courses, it was unfair to bring general education programmes under the service tax net.

The IIMs have been taking up the issue repeatedly with the Ministry of Finance and sought the Human Resource Development (HRD) Ministrys intervention many a time.

HRD Minister Kapil Sibal had even written to the Finance Minister in favour of IIMs that had also raised the issue in their Board of Governors (BoG) meet in March 2010.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

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