Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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: VAT RATES :: VAT Audit :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: articles on VAT and GST in India :: due date for vat payment :: empanelment :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd
 
 
Service Tax »
  Central Goods and Services Tax (CGST) Rules, 2017
 Goods bought with loyalty points will face tax under GST
 substitution of Service Tax by Goods and Services Tax (GST)
 Income Tax: TDS deducted but ITR not filed? Here's what professionals need to do
 9 ways GST could impact home buyers
 Consumers hailed GST, but there's need for awareness'
 Tax departments keep a close watch on prices post GST rollout
 GST effect: 5 things that changed after the new tax regime
 GST is no game changer for farmers, yet
 GST: Government bets big on tech to ensure e-way bill does not bring back inspector raj
 Government to keep an eye on price rise & GST glitches

Service Tax dispute: Delhi High Court declares MakeMyTrip not guilty
September, 02nd 2016

The Delhi High Court has ruled in favour of MakeMyTrip over the allegations of service tax imposed by Director General of Central Excise Intelligence (DGCEI).

The court has asked DGCEI to return the service tax payments made by these companies within a period of four weeks.

Following it, the HC has also directed to pay additional Rs 1 lakh each as cost during the same period along with a warnig stating, if any payment delay take place, a simple interest of 6% will be charged additionally.

The DGCEI has filed a case against this online-tour service provider for allegedly not depositing service tax it had collected from customers.

On January 8, 2016, a senior offical of MakeMyTrip was arrested and brought before magistrate the very next day. However, he was granted bail on January 11,2016.

On the arrest, it was noticed that the official wasn't informed about it, and as per Section 91 of the Finance Act, the officers concerned must be conscious of all the guidelines laid down by the Supreme Court in the D K Basu vs State of West Bengal, before taking an individual concerned into custody.

Even after Section 83A adjudications are conducted, the authorities are yet not allowed to arrest the individuals.

Overall, the Delhi court said, the arrest of the official without notice and the matter of service tax collected was not justified, as they did not contain any reasonable explanations for institution of proceedings or regard to the predecessors history.

MakeMyTrip has made a total payment of Rs.40 crore towards service tax from the date of arrest. From which Rs 2.5 crore was paid by the company on 9 January, Rs.12.5 crore was paid on 11 January and Rs.25 crore was paid by 16 January towards service tax liability, a Livemint report.

Going ahead, the court has also permitted the affected companies to take strict action against the DGCEI department for mis-handling the law.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Sitemap

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