Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: empanelment :: list of goods taxed at 4% :: due date for vat payment :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: TDS :: VAT RATES
« Service Tax »
 Goods and Services Tax: There should not be more than three grades of rates, says Chidambaram
 Chidambaram says there cannot be multiple tax slabs in GST
 Service tax officials transferred for favouring realtor
 GST, a challenge and opportunity for accounting professionals’
 Service Tax On Hotels And Restaurants – Recent Delhi High Court Judgment
 GST Council discusses 4-tier tax rate, cess on demerit goods
 Why you shouldn’t miss these three simple tax saving options beyond Section 80C
 Determination of value for transactions between the Related parties under GST Laws.
 Higher collections can offset GST losses
 GST to subsume over a dozen Central, State taxes
 Incidence of indirect taxes won't go up under GST

Service tax, an emerging area of practice for CAs: Swapnil Agrawal
June, 19th 2013

The Institute of Chartered Accountants of India recently organized a half-day seminar on service tax where former president and region council member of WIRC Julfesh Shah was the chief guest.

In his speech, he said there were many things which needed clarification in the Service Tax Voluntary Compliance Encouragement Scheme-2013, including negative list of service and reverse charges mechanism.

"The new scheme launched by government needs thorough study by the professionals so that they can guide their clients in more effective manner," he said. He also updated the members on various developments at ICAI level regarding bank audit, cooperative audit and other issues.

Earlier, Swapnil Agrawal, chairman of Nagpur Branch stated that Service Tax was an emerging area of practice for chartered accountants. "In recent past many changes have been done by the government in indirect taxes. Concept of negative list has covered more assesses in the Service Tax net. Also, Voluntary Compliance Encouragement Scheme needs thorough understanding so that maximum benefit can be availed by our clients,"he said.

In first technical session, an expert in indirect taxes and eminent faculty Amit Kumar Agrawal presented a paper on "Service Tax Voluntary Compliance Encouragement Scheme" and stressed that its provisions needed a re-look and is required to be made more assessee-friendly rather than defaulter friendly.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
System Testing Solution Manual Software Testing Solutions Automation Software Testing Solutions System Workflow Testing System Manual Testing

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