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: articles on VAT and GST in India :: VAT RATES :: cpt :: due date for vat payment :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: TDS :: empanelment :: VAT Audit :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD
 
 
Service Tax »
 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
  Communication to the Central Excise/Service Tax Taxpayers on migration to GST
 GST not easy to implement but tax base expansion will benefit all
 Goods and Services Tax was not an easy reform to implement
 GST to expand tax base, bring down weighted average tax rate:

Service tax heat on Coca-Cola
June, 03rd 2008

Coca-Cola India and German airline Lufthansa are among the eight companies that have been issued notices for evading service tax.

The anti-evasion wing of the commissionerate of service tax issued notices to the eight firms for the evasion of service tax amounting to Rs 77 crore. According to the agency, Coca-Cola is alleged to have evaded Rs 8.55 crore between April 2003 and April 2007.

Lufthansa has been issued a Rs 6.16-crore demand notice for not paying tax on the full value of fare received by the airline. Construction company Era Infra Engineering Ltd has been issued a notice for Rs 35 crore. Coca-Cola was issued a notice for the non-payment of tax on out-of-pocket expenses paid to outsourced services.

Out-of-pocket expenses include spending over and above the contracted amount, which is not inclusive of reimbursements for labour and machinery supplied while providing consultancy or other services.

We are in the process of filing a suitable reply to the notice, said a Coke spokesperson.

In April this year, the commissionerate of service tax issued 34 showcause notices demanding more than Rs 355 crore. The anti-evasion branch had demanded Rs 32.71 crore from the Confederation of Indian Industry. Others on the list include the KPMG group of entities (Rs 29 crore), Nestle India Ltd (Rs 17 crore), Cox & King India (Rs 14.64 crore), the Airport Authority of India (Rs 8.59 crore), and Master Card International (Rs 8.28 crore).

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

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