Amendment in service tax on construction , complex services

Amendment in service tax on construction , complex services

CBEC has amended Notification No. 26/2012- ST dated 20.06.2012 with a view to remove the ambiguity prevailing on the rate of abatement of service tax on construction of residential unit.

Revised ST 3 -Service Tax

è The ST- 3 return filing which was due by 25-10-2012 for the period “01-04-2012 to 30-06-2012”, but data has been provided for the period 01^st April 2012 to 30^th June 2012 (one quarter only) as per CBEC instruction vide letter F.No.137/22/2012 dated 28^th September 2012.

Karnataka Budget 2013-14

Highlights of Karnataka Budget Speech - 2013-2014 and amendments proposed in various Commercial Tax & Other Laws:

      Karnataka VAT Act, 2003:

Ø  Change in Tax Rates:

• The general rate of VAT which was increased from 5 % and 14 % to 5.5 % and 14.5 % respectively, earlier, shall continue to be  applicable up to 31.07.2013 and shall be reduced to the original rates with effect from August 2013
• VAT exemption on paddy, rice, wheat, pulses and products of rice and wheat extended for one more year from 01.04.2013

Hon'ble Delhi High Court Held CBEC Circulars ultra vires regarding CA’s liability to pay higher service tax rate on services rendered/ invoice raised before 01.04.2012 but payment received thereafter

Hon'ble Delhi High Court Held that CBEC Circular is ultra vires regarding CA’s liability to pay higher service tax rate on services rendered/ invoice raised before 01.04.2012 but payment received thereafter

Del-VAT- Extension of due date of Filing of online returns for third quarter of 2012-13

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI
DEPARTMENT OF TRADE AND TAXES
No.F.7(420)Policy/VAT/2011/1144-1151                                              New Delhi: 23.01.2013
CIRCULAR No. 27 OF 2012-13
Subject:  Filing of online returns for third quarter of 2012-13

In order to facilitate the filling of online DVAT/CST returns, in exercise of the powers conferred under Rule 49A of the DVAT Rules, 2005, the last date of online filing of return for the third quarter of 2012-13 is extended upto 01.02.2013. The last date of filing of hard copy of the return for the above return period is also extended upto 05.02.2013.

Get Service tax Registration certificate modified as per new accotuting code

1.	Modifications in ST 1 and ST 2 and New Accounting Codes:
	1.  New Registrants: In terms of Notification No 48/2012 dated 30.11.12 ( Click here to see the Notification), Service Tax Registration Application Form (ST-1) has been modified and is available in ACES for use by the new applicants seeking registration as a Service Tax assessee.Earlier, vide Notification No 19/2012 dated 5.6.12 effective from 01.07.2012

Centralised Registration under Service Tax-List of Documents to be submitted

LIST OF DOCUMENTS AND THE CHECK-LIST FOR APPLICATION OF CENTRALISED REGISTRATION under Service Tax (As per trade Notice )

Due date of filing "VAT-annual return" in UP extended