Friday, June 5, 2015

Clarification regarding rate of service tax on restaurant service

CBEC has clarified and confirmed through circular (Circular no. 184/3/2015-ST dated 3rd June 2015) that w.e.f. 1st June, 2015 Service Tax in Restaurant Services will be 40% of 14% i.e. 5.6%. 

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Delhi HC holds 10% pre-deposit requirement for penalty-only appeals inapplicable where SCN was issued before amendment

  This Tax Alert summarizes a recent ruling of the Delhi High Court (HC) [1] on whether the newly introduced pre-deposit requirement for fi...