The body of Service tax laws cs executive tax law and practice

Posted on 07-04-2016        By ADMIN

The body of Service tax laws consists of-------

1.       Service taxprovision under finance act.

2.       Service taxrule

3.       CENVET creditrule.

4.       Service exportrule & valuation rule.

5.       In addition tothis, the notification issued by the govt. & regulation frame by the boardfor indirect taxes.

Service tax is VAT the concept has cone from MODVAT (Modified VAT) &CEMVET & whatever service tax is paid on input service s taken away from setoffand is adjusted while making final payment of tax.

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