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Service Tax – 10% or 12% – Delhi HC quashes two Circulars imposing higher rate of Service tax

Posted: 04 Feb 2013 05:42 PM PST

What would be the rate of Service tax where the service is provided by the Chartered Accountants prior to 01.04.2012 and the invoice is also issued prior to 01.04.2012 but the payment is received after 01.04.2012.

GST – Now Looks A Possibility

Posted: 04 Feb 2013 05:40 PM PST

On Goods and Service Tax (GST) front, there is a news to cheer about. The Empowered Committee of State Finance Ministers which met for two days on 28-29 January, 2012 cleared the major hurdles in introduction of GST.

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