Service Tax exemption
Fear of abuse of Service tax exemption for SEZs
Delhi: The recent decision made by the finance ministry to allow an upfront service tax exemption for all Special Economic Zone (SEZ) units and developers would translate into an additional savings of Rs 1,500 crore annually for such units, as they would no longer be required to wait for refunds. The service tax incidence or the […]
How To Reduce Service Tax Liability of Apartment Owners Association
The Service Tax Return is required to be filed by any person liable to pay the service tax. A small service provider whose aggregate value of taxable services rendered in the previous year has not exceeded the limit of Rs 10 Lakh is exempted from Service Tax. One important question by apartment owners and it […]
