Background and legal position – Service Tax Audits by Department Service Tax law also operates under the concept of self-assessment like income tax laws, The assessee self assesses his/her tax and pays the service tax dues at particular time intervals as prescribed . All the business transactions are disclosed to the revenue by filing of […]
Sovereign Gold Bonds 2016-17 – Series I Government of India has announced that the Sovereign Gold Bonds 2016 – Series I will be open for subscription from July 18, 2016 to July 22, 2016. and it has with prior notice, close the Scheme before the specified period. The terms and conditions of the issuance of […]
For success of GST use Billing Software GST system depends on matching of supplier GST liabilities with relevant input GST credit claims by receivers of goods or services.
A director and a shareholder are different from each other ? “To be a director of the company is better than being a shareholder” was a statement on which a few did agree and the rest didn’t. This statement did take my attention towards it because I wanted to invest in the shares of a […]
Wrongly Paid Service Tax under reverse charge is refundable CESTAT, HYDERABAD BENCH ‘SMB’ ICOMM Tele Ltd. v/s Commissioner of Customs, Central Excise & Service Tax, Hyderabad III MS. SULEKHA BEEVI C.S, JUDICIAL MEMBER FINAL ORDER NO. A/30316/2016 APPEAL NO. ST/2075/2011 P. Dwarakanath, Consultant for the Appellant. Raj Kumar Maji, AC (AR) for the Respondent.