« Top Headlines » Open DEMAT Account in 24 hrs  Missed the ITR Filing Deadline? How to Claim Your Income Tax Refund and Correct Mistakes Before December 31, 2026  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  Income-Tax Department Moves to Bring Greater Certainty to International Tax Cases  ITR Defective Notice for AY 2026-27: Reasons, 15-Day Deadline and What Happens If You Ignore It  ITR Refund Status 2026: How to Track Your Income Tax Refund Online – Step-by-Step Guide  GST Council Explores Andhra Pradesh’s AI-Driven Tax Administration Model  ITR filing 2026: Who must file by August 31? Tax department explains  Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)  Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose «  Stress on measuring `intangibles' in company's growth... Finmin not for tax sops to Delhi Metro... » Service tax likely for IMFL distillers October, 06th 2006 Distillers engaged in the manufacture of Indian Made Foreign Liquor (IMFL) of various brands on job work basis may have to fork out service-tax on the `job charges' received by them from brand owners. The Finance Ministry has taken a view that the activity of blending, manufacturing, bottling or labelling on job work basis by a distiller, in respect of IMFL on behalf of brand owner, would be covered under the category of `business auxiliary services'. The Central Board of Excise and Customs has issued a draft circular to this effect and sought the views of stakeholders on the levy of service-tax on distillers under `business auxiliary services' for manufacture of IMFL on job work basis. Service-tax expert, Mr J.K. Mittal, said that this issue had been pending since the second half of 2004 and that the Finance Ministry has now through the draft circular taken the view that such services are in the nature of business auxiliary services and therefore attract service tax. He also pointed out that the job worker might pass on the service tax levy to the brand owner, who would not be able to set-off this tax as manufacture of IMFL being potable alcoholic beverage was outside the scope of central excise law.