Sales tax and some state and territory taxes with a single tax rate of 10% tax on supply of most goods and services with some exceptions • the basic rule of gst in australia is destination-based consumption tax with limited tax base exclusions. Service tax in india - service tax is a tax in the provision of services get online service tax calculator details here get online service tax calculator details here service tax is a tax in the provision of services. Service tax 1 module service tax 2 introduction service tax is an indirect tax levied on services it was imposed by chapter v of finance act, 1994, which was introduced by the then finance minister dr manmohan singh. Service tax on goods transport agency services by swamy associates chennai – coimbatore – bangalore - hyderabad definitions goods transport agency means any commercial concern which provides service in relation to transport of goods by road and issues consignment note, by whatever name. Ppt on service tax discuss ppt on service tax within the direct and indirect taxes forums, part of the publish / upload project or download reference project category hi all, uploading a ppt on service tax hope it is useful thanks and regards, pushpendra advertisements.
The goods and services tax (gst) is an indirect federal sales tax that is applied to the cost of certain goods and services the business adds the gst to the price of the product and a customer. 1 works contract -service tax implications 2 workshop on service tax 3 interest, penalties and appellate proceedings 4reverse charge and latest issues in service tax. To buy dvds of ca / cs /cma call at 0551-6050551 our class room centres are at : delhi & gorakhpur.
General overview in service tax powerpoint presentation, ppt - docslides- introduction, negative list and point of taxation evolution of service tax in india present scenario of service tax “service” means any activity carried out by a person for consideration id: 442896. Service tax powerpoint presentation, ppt - docslides- reverse & joint charge mechanism abhishek pratap singh 09/01/2015 reverse charge mechanism a concept reverse charge mechanism in service tax is unique but not a new concept under this scheme, service tax is payable by service recipient instead of service provider. Latest details information gst (goods and service tax) ppt latest gst (goods and service tax) ppt: this blog contains the power point presentation of new goods and service tax scroll down to download the latest goods and service tax ppt.
Service tax presentation - free download as powerpoint presentation (ppt / pptx), pdf file (pdf), text file (txt) or view presentation slides online detail of service tax concept under new regime effective from 01072012. Two central tax notifications issued e way bill rules amended one circular issued explaining levy of gst on service by members of jv to jv and vice-versa. Download latest ppt on gst, goods and service tax in india ppt presentation on gst for students it is considered as biggest tax reform as well as business reform since independence ppt discusses the gst structure in india students can use this ppt for presentation. Ppt 2: gst itc itc (input tax credit) is the backbone of the gst taxation system one of the reasons why gst is beneficial for businesses is because it will help them claim itc seamlessly and in a more efficient manner than in the previous regime.
Gst is a tax on goods and services with comprehensive and continuous chain of setoff benefits from the producer’s point and service provider’s point up to the retailer level. Form type brief description form-sc(st)-1: form of application for settlement of a case under section 32e of excise act made applicable to service tax vide section 83 of the finance act, 1994 (32 of 1994. Payment of service tax: the service tax has to be paid to the credit of central government within due dates immediately the following month in which the services are deemed to be provided as per the point of taxation rules, 2011. Goods and service tax (gst) standardised ppt by indirect taxes committee institute of chartered accountants of india globally known as vat [email protected]_icai_2015 1 indirect taxes committee of icai majorinitiativein 2014-15 • organized more than 119 program in one council year. Presentation on service tax act 1994, for undergraduate commerce students of goa university includes historical background, year wise tax collection e for last 20 years and procedural aspect of service tax act 1994 with latest amendments are covered.
After long time i am here with another ppt video, this time its the stream of economics this is a very informative power point presentation, on a current pot boiling topic goods and service tax. Enclosing herewith is the ppt on goods and service tax (gst) hope all will find the same beneficial to understand the concepts in gst and align the business model in times to come, as gst would lead to business transformation. Alabama business privilege tax the alabama business privilege tax is levied for the privilege of being organized under the laws of alabama or doing business in alabama (if organized under the laws of another state or country. Service tax powerpoint presentation 2012-13 courtesy by sramanand aiyar & co, chartered accountants #pptx.
Service tax in india a handbook 3 preface service tax handbook service tax has assumed significance in recent years as one of the major contributors to the. Powerpoint presentation: service tax concepts taxes direct indirect paid directly by tax payer to govt eg income tax, wealth tax, gift tax administrated by cbdt under ministry of finance, goi person paying the tax and person are different eg service tax, excise, customs etc administrated by cbec under ministry of finance, goi note : no state can levy service tax. Verdana arial times new roman wingdings custom design 1_custom design service tax in tallyerp 9 service tax in tallyerp 9 features of service tax accurate service tax calculation compute and pay right amount on time meets all accounting and regulatory norms service tax reports powerpoint presentation.
It is about indian service tax reversal mechanism. 36% (a) total value less: tax attributable to service receiver and to be borne by him [75% of (a)] amount payable by service receiver to service provider service tax payable by service receiver service tax payable by service 1400/1685 while raising a service invoice example – reverse charge x is a service provider and y is a service. This tax alert summarizes a recent notification no 12/2013-service tax dated 1 july 2013 issued by the ministry of finance, in supersession of notification no 40/ 2012 – service tax dated 20 june 2012.