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Centre mulls hike in service tax rate if GST rollout is delayed

January 11, 2017

[Source: www.thehindubusinessline.com] The Centre could consider increasing the service tax rate in the coming Budget as a fallback option in case the rollout of the Goods and Services Tax (GST) is delayed beyond April 1. “There is some thinking of an increase in the service tax rate in case the GST is not implemented from April. A higher rate will

GST·Income Tax·Service Tax & CBEC·Startup India

Equalisation Levy is going to create a huge problem for startups

[Source: www.forbesindia.com] Tax lawyer Nishith Desai believes the Equalisation Levy, also known as ‘Google Tax’, will have important repercussions for the Indian startup ecosystem As part of the continuing opposition from industry bodies to the ‘Equalisation Levy’ that came into effect earlier this year, the Internet and Mobile Association of

B2C music, e-books, cloud services from foreign portals will now attract service tax

[By Shaleen Shah (Partner), VNCA] If you download music or an e-book

GST Enrolment–Transition of existing tax payers to GST

[By Shaleen Shah (Partner), VNCA] The Government has started preparation for transition

Clarificatory Circular-Service tax levy on goods transport by road services

September 25, 2008

Service Tax & CBEC

CIRCULAR NO. 104/07/2008-ST, DATED 6-8-2008 The All India Motor Transport Congress (AIMTC) has represented to government regarding the difficulties being faced by the goods transport agency in respect of service tax levy on goods transport by road service. In this regard, a number of meetings were held between the representatives

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