News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Service Tax »
 Govt promulgates Ordinance to extend deadline for filing Income Tax returns
 3 Reasons to File Your Tax Return Now -- and 1 Big Reason To Wait
 Section 80G deduction - An added incentive to donate to the PM CARES Fund
 COVID-19 tax-saving extension: Here are the key operational aspects
 Make tax saving investments till June 30 No confusion
 Why you must respond to outstanding tax demand online
 Income Tax Refund (ITR) payments become fast! Modi govt shares this interesting data
 Service Tax Refund cannot be claimed once barred by Limitation
  Why you should file belated ITR, correct ITR errors before March 31
 Finance Bill 2020 changes rules on TDS, NRIs and dividends
  Why you should file belated ITR, correct ITR errors before March 31

Traders not for service tax audit
June, 18th 2016

Local traders have urged the commissioner of the Central Board of Excise and Customs (CBEC) to stop the ongoing audit of service tax in Ranchi zone following a Delhi high court order of June 6. The court had declared central excise and service tax audit manual as illegal.

"The court said the manual issued do not have any statutory backing (and) hence audit undertaken by officers of the service tax department is not legally justified," said Singhbhum Chamber of Commerce and Industry (SCCI) in a letter faxed to the Ranchi zone tax commissioner. In its judgment, the court had quashed Rule 5A(2) that is related to the manual issued by the Directorate General of Audit of the CBEC.

"It is clear from the Delhi court's judgment that the audit conducted or to be conducted by service tax officers of the service tax assessee are not legally justified and valid," said SCCI general secretary Prabhakar Singh. He added that the industry feels service tax providers/recipients are harassed during the audit on the pretext of verification of records and suffer from vice of excessive delegation.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting