Change in Rate of Service Tax on Money Changers

Change in Rate of Service Tax on Money Changers   Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC]   With effect from 16.05.2008, the services pertaining to purchase or sale of foreign currency, including money changing was brought under service tax. The authorised dealers in foreign exchange or authorized changers were also covered. The … Read more

Time Limit For Availing Cenvat Credit

When it comes to the departmental adjudication then it is the duty of the assessee as well as the adjudicating authority to interpret the law in its true essence and any effort to transgress the boundary of interpretation is strictly prohibited. In this background let us examine Rule 4 of the CENVAT Credit Rules, 2002 … Read more