Blogs

Cenvat credit on courier import of goods has always been question of dispute by the department. Assessee would not get separate bill of entries (BOE) as courier agencies clear imported goods in bulk at customs station and agencies issue photocopy of consolidated BOE.Credit on photocopies always had been restricted by department.

Rule 9 of CCR 2004 lists out documents on the basis of which Cenvat credit could be availed. BOE and certificate issued by appraiser of customs in respect of...

We as professionals sometimes wonder why we are not reaching our goals in profession and life. This is inspite of putting in hard work and wanting to do all activities well. This is especially true in growing in career or in practice.  

We find that: long term goals are lost in day to day execution; our priortisation is blind/ misplaced, we are stagnating, some of us are getting burnt out with long hours and anxiety.  

One possible solution is that we may not be differentiating...

Every assessee liable to pay service tax, isto take registration with service tax department. Where assessee has been providing services from multiple premises, it may obtain separate registration for each of the premises or may obtain centralized registration for all the premises take together. Tax needs to be paid under the code for which registration has been obtained.   

Sometime, it could be possible that multiple registrations are obtained at the same premise by multiple...

HIGH COURT

1. Service tax payable on construction service provided by developer to land owner (Southern Properties & Promoters 2015 (30) S.T.R. 892 (Mad.)

• Background:   Service provider constructing flats under JV with land owner out of which few flats granted to land owner. No service tax paid on flats handed over to land owner citing that no consideration received from land owner. Tribunal ordered for pre-deposit.
• Issue: Whether developer is liable to pay service tax on...

After removing the concept of Education cess (EC) and Secondary & Higher Education cess (SHEC) on taxable services, service providers were not clear about treatment of Cenvat credit lying unutilised in form of Cess which paid on inputs, capital goods and input services.   

To address this issue, the CBEC vide notification no. 22/2015-CE (N.T.) dated 29 October, 2015 amended Cenvat credit provisions to allow the following for payment of service tax:   

1. Credit of EC/ SHEC...