Foreign brokers and marketers are subject to Service Tax

By Nisith Desai Associates Accommodation Times News Services Cross-border B2C online information and database access or retrieval services (OIDAR) made taxable; B2B OIDAR services taxable on reverse charge. OIDAR services expanded to include internet advertisements, cloud services, e-books, movies, music etc. On November 9, 2016, the Central Board of Excise and Customs (“CBEC”) released

High Court exempts service tax on under constructed flats which includes price of land

By Accommodation Times News Service No service-tax on sale of under-construction flats if contract price includes value of land High court has directed of no service tax of the flat purchased in a residential complex which include value of land. Assessee challenged levy of service tax on ground that composite contract (inclusive

Real Estate Agents have to pay Service Tax

By Accommodation Times News Services By Vimal Punmiya CA Introduction With effect from 16th October, 98 the Finance Act, 1998 provides for levy of Service Tax @ 10% (as applicable, year to year) of the value of the taxable services provided by the following : Real Estate agent including a real estate consultant : Architects, Interior

Service Tax Audit – Regaining Vigour?? {Chronological Analysis}

By Accommodation Times News Services By CA.Ankit Gulgulia (Jain) The Central Board of Excise & Customs have recently issued a Circular No. 181/7/2014-Service Tax following thenotification No. 23/2014-ST dated 5th December, 2014 in essence to neutralize the judgment of Delhi High Court in case of Travelite (India) Versus UOI And Others 2014 (35) S.T.R. 653 (Del.) which considered the