SIGN IN SUBSCRIBE

News Update

Terror attack in Turkey; Many killed & several injured in blastsModi, Jinping hail disengagement along LACMisc - Phrase intoxicating liquor cannot be restricted to potable alcoholic liquor, that is, alcohol that is sold as a beverage: SC CBMisc - Industrial alcohol & medicinal and toilet preparations which contain alcohol can be taxed as per Entry 84- List I by Central Govt through Central Excise duty: SC CBCBIC amends tariff value of silver in all formsIBC - When there is specific procedure provided for withdrawal of insolvency applications, then NCLAT cannot invoke its inherent powers: SC LB (See 'TIOLCorplaws')IBC - If debt entries exist in corporate debtor's balance sheet, then debtor could not deny its liability merely on ground that there were no specific entries of particular creditor in their balance sheet: SC (See 'TIOCorplaws')Department of Posts starts proof of concept for transmission of mail through droneGovt notifies Min export price of USD 490/ tonne for non-Basmati white riceCrPC - For bringing out case under criminal breach of trust, it shall be pointed out that person with whom entrustment of property is made, has dishonestly misappropriated it: SCScindia unveils BSNL's new logo and seven customer centric servicesGST - Provisional attachment of bank account u/s 83 - Rule 159 confers a right to file objections and seek revocation of such attachment - Petitioner permitted to move such application: HCSC quashes NCLAT order winding up insolvency proceedings against ByjuGST - Refund - s.54 - COVID-19 - In view of notification 13/2022-CT excluding the period 01.03.2020 to 28.02.2022 from computing the limitation period, authority to reconsider the claim: HCPM says BRICS is not divisive; it is for public goodSC rules States have legislative power to tax industrial alcohol liquorVAT - If payment of refund was delayed, then assessee automatically becomes entitled to interest u/s 42 of DVAT Act: HCNCLAT okays Central Govt taking over Delhi Gymkhana ClubRoad to Refund: Potholes, Pitfalls, and Peculiar OfficersCyclone Dana - Schools shut down for 3 days in West BengalI-T- Notice issued u/s 148A(b) without conducting requisite inquiry, is contrary to mandate of Section 148A: HCUP Police seizes 12 kg gold from car on Yamuna ExpresswayScindia launches 'International Incoming Spoofed Calls Prevention System'

MESSAGE BOARD

   

Service Tax on new services – TRU issues clarifications but strictly for departmental consumption


GTA alwasy under confusion

There are abatements to construction service, tour operators,caterers,etc. and all have same conditions that no cenvat credit is being taken by the service provider. Here, receiver can take credit even if the service provieder gets abatment.

But when GTA is there, If it gets abatment, service receiver is not eligible to cenvat credit. why

I think this types of 'MIS'clarifications are there, why the Board is shying to release the circular to public. and It should shy. When there is cries for clarification on various issues, earlier DGST said 'abatement not available to consignee-consignor', now this confidential circular.

It seems department is playing cards. so keeping hide all cards. whether valuable or not, not relevant.

If question is - is it inability or lake of interest - Reply should be secone one.

Regards.

Chauhan Anand N.

Anand Chauhan 01/08/2005

 
Re :GTA alwasy under confusion

Dear Sir,

Fortunately, the clarifications does not deny cenvat credit of ST on GTA by the service receiver, but just clarifies that, declaration by GTA that no CENVAT has been taken by him on CN will suffice for abatement by service tax payer.

Regards.

Chauhan Anand N.

Anand Chauhan 01/08/2005

 

Back

TIOL Tube Latest

TIOL Tube
Shri K C Tyagi addressing the gathering at the TIOL Awards 2024.

TOP NEWS


AR not Afar by SK Rahman

VISION 360



Dr. P Thiaga Rajan addressing the gathering at the TIOL Awards 2024.

TII LATEST

TIOLCORPLAWS LATEST