Latest News on Service Tax
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Service Tax - Total results - 152
Jan 08, 2019
GST, excise, service tax evasion of Rs 48,555 cr detected during April-DecemberGST, central excise and service tax evasion detected during the April-December period of the current financial year stood at Rs 48,555 crore, the highest in two years.
Jul 12, 2018
Revenue department arrests company director for tax evasionThe company had collected more than Rs 3 crore as service tax from its clients but had not deposited the same with the exchequer, it said in a statement.
Jun 25, 2018
Trying to avoid paying GST? GSTN working on data analysis tools to help taxmen check tax evasionGST Network (GSTN), the company handling the technology backbone for Goods and Services Tax, has over the last 11 months provided a platform for businesses to file their returns and pay taxes every month.
May 21, 2018
GST department arrests two businessmen in Mumbai for 'duping exchequer of Rs 127 crore by issuing fake invoices'GST department arrested two persons in Mumbai for allegedly duping the exchequer of Rs 127 crore by issuing fake GST invoices and not paying the service tax
Oct 23, 2017
GST: Rates have to be rejigged to reduce burden on small units, will take a year to stabilise, says Hasmukh AdhiaThe rejig would require some calculations by the fitment committee, which will decide which items need a rationalisation of rate under the GST regime which kicked in from 1 July
Sep 27, 2017
August GST mop-up Rs 90,669 cr; July transitional claims Rs 12,000 cr, not Rs 65,000 cr, says govtAs per the tax sharing formula, the Centre will compensate states for any revenue loss calculated on a base year of 2015-16 and assumed revenue growth of 14 percent.
Jul 31, 2017
GST not an easy reform to implement, evoked great public support, says Arun JaitleyFollowing the rollout of GST, the number of registrants originally paying taxes like VAT, Excise and Service Tax, which was around Rs 80 lakh, has been growing said Jaitley
Jun 23, 2017
GST from 1 July: Registrations for ecommerce, new companies to begin on 25 JuneAlso, existing excise, service tax and VAT assessees will get another chance to migrate to the GSTN portal as registration for them too opens on Sunday next and will remain open for three months.
May 29, 2017
GST impact: TV, AC, washing machines to cost more; smartphones, small cars to be cheaperPersonal care items like shampoo, perfumes and make-up items would cost more as the tax rate will go up to 28 percent, from the existing 22 percent.
Apr 24, 2017
Govt clamps down on service charge: Thrifty hoteliers may yet have an ace up their sleeveDoes one pay service charge in a restaurant where one likes the fare but is dissatisfied with the service? It can be a cause for flutter, which no one likes