A director and a shareholder are different from each other ?

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

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.

Distribution of Cenvat Credit by Input Service Distributor

Distribution of Cenvat Credit by Input Service Distributor “Input service distributor” is defined in Rule 2(m) of Cenvat Credit Rules, 2004.In simple words a input service distributor is a head office/intermediary office which controls the business of manufacturer or producer of final products or output service provider and performs following activities:-