Swachh Bharat Cess

Swachh Bharat Cess is an additional levy of 0.50% on all the taxable services with effect from 15thNovember, 2015. This Swachh Bharat Cess will be added in the service tax rate which makes effective service tax rate of 14.50% and all the taxable services which will be provided on or after 15th November, 2015, will be…

CENVAT credit on Canteen Service

By Advocate Manas Joshi As we all are aware that w.e.f. 1st April 2011, the definition of “input service” is changed and in the new definition, the credit of catering / canteen service has been specifically excluded. Accordingly, all the companies stopped taking CENVAT credit on canteen service and started booking service tax amount as…

Budget 2011- Service Tax: Changes at a glance

Budget 2011- Service Tax: Changes at a glance

Service Tax: New Point of Taxation Rules, 2011

Point of Taxation Rules, 2011 have been framed vide notification 18/2011-ST and made effective
from 01.04.2011. These rules determine the point in time when the services shall be deemed to be
provided. The general rule will be that the time of provision of service will be the earliest of the
following dates:
i. Date on which service is provided or to be provided
ii. Date of invoice
iii. Date of payment
Consequential changes have also been made in the Service Tax Rules, 1994 to alter the payment of
service tax from receipt of payment to provision of service and also to permit adjustment of tax when
service is not finally provided.

Changes in Service Tax from 01-07-2010

Changes in service tax in June 2010


1. Budget 2010 provisions relating to service tax made effective on 1-7-2010

Finance Act, 2010 was passed on 8-5-2010 itself. As per past experience, it was expected that the provisions of service tax would be made effective from 1st June. However, after a long wait, all the provisions relating to service tax contained in Finance Act, 2010 have been made finally made effective from 1-7-2010.

Service on Builders from 01-07-2010

service tax on Construction Service

The following major changes have been made for real estate builders post the Finance Act 2010, which are made applicable from 1.7.2010. It may be noted that the said amendments would be effective only from this date onwards. The following are these amendments: