Apart from the detailed commentary on the service tax provisions with a special focus on key concepts such as Activity, Service, Consideration, Barter Transactions, Actionable Claims, Employer-employee Relationship, Service provider – Service recipient, Remand Provisions and Refraining Acts, the book provides an in-depth analysis of crucial aspects of the law on the topics such as Place of Provision, Export Conditions, Valuation and Exempted Services.
The following features have also been incorporated to augment the scope of the title: • Highlights of Finance Bill 2016; • Introduction to the GST; • Legal principles which can be helpful in critical situations; • Relevance of Served from India Scheme for service providers; • Constitutional validity of service tax for certain services under the negative list regime; • A detailed analysis of mega exemption; • Alphabetical list of 700 services; • Impact-wise analysis of 700 services including comparative analysis of all erstwhile categories; • Coverage of 250 plus foreign cases that find relevance in the Indian context; • Service Tax Dictionary which contains approximately 1200 meanings of important terms and phrases arranged alphabetically; • Relevant industry issues on approximately 60 sectors (separate chapters covered alphabetically) including financial services, construction, insurance and health care, education, sports, technology, hotel, travel and logistics; • Synopsis of each sector to highlight clear position on taxability; • Easy tricks to remember Rules including complex CENVAT provisions;
Foreword by Sh. Arun Jaitley (Minister of Finance, Defence and Corporate Affairs)
Salient Features: • Highlights of the Finance Act 2017 • Fully updated commentary on Service Tax law including recent case laws till March 2017 • In-depth analysis of amendments made to Service Tax during the year 2016-17 • A detailed analysis of Mega Exemption, Reverse Charge, Abatement & valuation under Service Tax as amended from time to time till March 2017 • Legal concepts and principles which can be helpful in critical situations • Impact-wise analysis of 700 services including comparative analysis of all erstwhile categories • Coverage of 250 plus foreign cases that ﬁnd relevance in the Indian context • Relevant industry issues for approximately 60 sectors Synopsis of each sector to highlight clear position on taxabilityForeword by Sh. Arun Jaitley (Minister of Finance, Defence and Corporate Affairs)