No service tax on renting premises for business: HC

NEW DELHI: Companies cannot be subjected to service tax for renting premises to run their businesses,the Delhi High Court has ruled while disposing of petitions filed by some retailers against a government directive. The court struck down Centre’s notification, by which renting of immovable property for use in the course of business was brought within […]

Service Tax-India

Service Tax Circular No.108/02/2009 Dt. 29th January 2009 F. No. 137/12/2006-CX.4 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs No service tax on booking, construction and sale of residential flats – CBEC clarifies Construction of residential complex was brought under service tax w.e.f. 01.06.2005.Doubts have arisen regarding the […]

Central Excise duty-India

In India Central Excise duty is levied on good produced or manufactured in the country.The Central Excise Act 1944 deals with this subject. Who is responsible to pay such duty to the Government? What are the relevant enactments governing levy and collection of central excise duty? Generally, manufacturer of goods is responsible to pay duty […]