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: due date for vat payment :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: VAT Audit :: VAT RATES :: Central Excise rule to resale the machines to a new company :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: cpt :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT
« 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

Probe if service tax is paid to govt on pre-paid top-upsa
August, 21st 2013

Concerned that additional talk time schemes on pre-paid cellular services may not be translating into extra service tax revenue for the government, the Bombay high court has directed the service tax and income tax authorities to "investigate the issue closely".

The HC was hearing a PIL which alleged that the state is being deprived of huge sums as service tax by retailers who collect them for each "top-up" from customers but don't account for all of it. Justices Dhananjay Chandrachud and S C Gupte appointed counsel Milind Sathe as an amicus curiae (friend of court) to study the case.

The PIL filed in 2011 and later this year as a criminal petition, by Kanchandevi Kothari and Jitender Kothari, questioned the loss of revenue to the state. Retailers receive extra talk time directly from cellular service providers or distributers as commission, which are not accounted for in the books but sold to consumers from whom service taxes are collected. It is alleged that this service tax is not remitted to the government. The assistant commissioner of service tax said that "investigation by the Anti Evasion wing of the Service Tax-I, Mumbai Commissionerate, has not confirmed any evasion of service tax".

Observing that the services provided by cellular operators are chargeable to service tax, the HC held that the "service tax department must ensure that service tax is assessed and levied on all schemes by whatever name called and under whatever schemes as long as they result in providing of service by cellular operator to the consumer".

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Publishing Management System PMS News Management System Publishing Management System Development Online News Management System for media company custom Publishing management system development Survey management system Market Res

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