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: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: ACCOUNTING STANDARD :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: VAT RATES :: cpt :: VAT Audit :: list of goods taxed at 4% :: form 3cd
 
 
« Service Tax »
 GST Network to begin accepting fresh registrations from June 25
 Indian GST is significantly unique, but is it better?
 GST example of national integration
 6 reasons you need not fear the GST regime
 Tax return filing extension on GST may not be enough
 GST: ‘Tech readiness, tax administration key challenges’
 GST return filing rules relaxed for Jul-Aug, July 1 rollout
 GST Council gives return filing breather to India Inc for 2 months
 All eyes on 18 June as GST Council meets to iron out niggling issues
 GST Council's June18 meet to finalise e-way bill, anti-profiteering rules
 Valuation of Tax liabilities Under GST Regime

Tops Security to clear service tax liability by June 2014
September, 04th 2013

Private security firm Tops Security today said it will clear all its outstanding service tax liability by June, 2014. 

"Tops Security has an understanding and a signed agreement with the DGCEI that the company will pay the current service tax from October 2013 (estimated at Rs 3 crore per month) and also simultaneously liquidate the liability (towards interest) related to January 2013 to September 2013 by June 2014 thus bringing the company on track," it said in a statement. 

As of December 31, 2012, the outstanding service tax due by Tops Security was Rs 55 crore. A payment plan had been agreed with the Directorate General of Customs, Excise and Investigations (DGCEI) to pay Rs 50 crore by August 2013 which was completed on time, it said. 

The company further said,"(it) has not defaulted any of its its service tax payments and has paid Rs 111.47 crore worth of service tax in the last three years". 

Referring to media reports, Tops Security said that there was no "physical raid" on its headquarters and added that the property is hypothecated with the bank with a second charge with the service tax authorities. 

Admitting that "few of Tops Security Limited's bank accounts were frozen...several months ago", the company said, "(which) was conducted as a matter of protocol. To date, this has never affected the company's business growth or operation." 

Tops Security is one of the leading private security service providers in the country.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Desktop Application Development Outsourcing Desktop Application Development Offshore Desk

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