Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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 INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: VAT RATES :: TDS :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: empanelment :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: VAT Audit :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt
« Service Tax »
 Do you know which 80C instruments can help you save tax and carry no future tax liability?
 E-way relief, for now, to e-commerce, courier firms sending small orders
 Where to invest for saving more on taxes
 A simpler GST can become a registry of all invoices, says iSPIRT’s Sharad Sharma
  Income Tax department may defend CPC in returns fraud case
 One GST rate not possible, next reform after compliance improves,
  Communication to the Central Excise/Service Tax Taxpayers on migration to GST
  GST Network simplifies returns filing process
 Why is the successful roll-out of the e-way bill necessary?
 How service tax became revenue lifeline for the Govt
 Three simple tricks to save income tax without investing fresh funds

Service Tax on CAG:Officials told not to move ahead
June, 15th 2012

The Excise and Service Tax Department which was contemplating to impose service tax on the office of Comptroller and Auditor General (CAG) is having second thoughts about its proposal and has asked its officials to go slow in the matter, sources said today.

"The subject matter is being examined by the board office. Therefore, it is requested that no action is required to be taken till issuance of further clarification by the board in this regard", said a circular issued by the department.

Earlier, the department had taken a stand that the Comptroller and Auditor General(CAG)which audits accounts of government companies was liable to pay service tax as it charges fees for its 'service'.

The department in a letter to its officials on May 30 had cited an instance where CAG was paid for its services but it did not pay service tax thereon.

"Preliminary enquiry reveals that they (CAG office in Nagpur) have received Rs 3.3 crore from three organisations in the last five years for providing services, but have failed to pay Rs 33 lakh as service tax on such taxable services provided by them".

The reason for the department deciding against imposing service tax on CAG for now was not immediately known.

"The issue was taken up at the conference held in New Delhi and attended by all the Chief Commissioners", said a source.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Reengineering Software Re-engineering Software Reverse Engineering Software Reverse Development Software Change Modulation Software Conversion Software Re-creation Software Re-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