AGM India Advisors Pvt. Ltd. (“the Appellant”) had exported management consultancy services without payment of Service Tax under Rule 4 of the erstwhile Export of Service Rules, 2005. Since the Appellant was exporting services and therefore, not in a position to utilize the CENVAT Credit availed by them on input services used for providing output … Continue reading Remittance against export of services received in INR but through foreign bank is deemed to be received in convertible foreign exchange – One of the Export conditions stand satisfied AGM India Advisors Pvt. Ltd. Vs. Commissioner of Service Tax, Mumbai-I[2015 (10) TMI 2411 – CESTAT MUMBAI]

Vide Finance Act, 2015, the Central Government has been empowered to levy Swachh Bharat Cess @ 2 per cent of the value of specified taxable services from such date as the Central Government may, by notification in the Official Gazette, appoint. Now, vide Notification No. 22/2015-Service Tax dated November 06, 2015, the Central Government has … Continue reading Swachh Bharat Cess @ 0.5 per cent applicable from November 15, 2015

SS-1: Meetings of the Board of Directors Applicability SS-1 applies to all Companies incorporated under the Act except One Person Company (“OPC”). It also applies to various Committee(s) of the Board. Note: In case of any subsequent changes in the Act, a particular Standard or any part thereof becomes inconsistent with the Act, the provisions … Continue reading Brief Note on Secretarial Standard-1 Meetings of the Board of Directors____ Effective Date: July 01, 2015