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Service Tax related News, Articles and Information

Tax Changes wef 1st June 2016

Changes in Indirect and direct Tax wef 1-6-2016

Amendments in tax laws from 01-June-2016 [Changes proposed by Finance Act 2016] The Finance Act 2016 has proposed certain changes that come into effect from 01-June-2016. The changes are important as they may impact the way in which you transact with your customers / vendors & may require a modification to your billing ...

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C&AG Audit finding on Scrutiny of Service Tax Returns

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Introduction CBEC introduced self-assessment in respect of Service Tax in 2001. With the introduction of self-assessment, the department also provided for a strong compliance verification mechanism with Scrutiny of Returns. As assessment is now the responsibility of the assessee, the main function of the department is to scrutinize the tax ...

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