Welcomes you all

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Welcomes you all
17.12.2005
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Service Tax - An overview.
By swamy associates chennai coimbatore
bangalore - hyderabad
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With effect from 01.07.1994

• Telephone Service.
• General Insurance.
• Stock brokers.

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With effect from 01.11.1996

• Courier agency.
• Pager.
• Advertising Agency.

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With effect from 15.06.1997

• Custom House Agents.
• Steamer Agents.

With effect from 01.07.1997

• Air Travel Agents.
• Mandap Keepers.

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With effect from 16.07.1997

• Consulting Engineers.
• Manpower Recruitment Agents.

With effect from 01.08.1997

• Clearing Forwarding Agents.
• Rent a cab operator.

With effect from 01.09.1997

• Tour operator.

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With effect from 16.10.1998

• Architects.
• Credit Rating Agencies.
• Chartered Accountants.
• Cost Accountants.
• Company Secretaries.
• Interior Decorators.
• Market Research Agencies.
• Management Consultancy.
• Real Estate Agents.
• Security Agencies.
• Underwriting.

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With effect from 16.07.2001

• Scientific Technical Consultancy.
• Photography.
• Convention Services.
• Leased Circuits.
• Telegraph Services.
• Telex.
• Facsimile.
• Online information ...
• Video Tape Production.
• Sound Recording.
• Broadcasting.
• Insurance Auxiliary Service.
• Banking other Financial Services.
• Port Services (Other ports 01.07.2003).
• Authorised Service Station.
• Underwriting.

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With effect from 16.08.2002

• Insurance Auxiliary Service Life Insurance.
• Cargo handling.
• Storage Warehousing.
• Event Management.
• Rail Travel Agents.
• Health Clubs Fitness Centers.
• Beauty Parlours.
• Fashion Designers.
• Cable Operators.
• Dry Cleaning Services.

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With effect from 01.07.2003

• Commercial Training / Coaching Centers.
• Technical Testing Analysis.
• Maintenance Repair.
• Commissioning Installation (Erection).
• Business Auxiliary Services.
• Internet Café.
• Franchise Service.
• Fashion Designers.
• Cable Operators.
• Dry Cleaning Services.

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With effect from 10.09.2004

• Business Exhibition Services.
• Airport Services.
• Transport of Goods by Air.
• Survey Exploration of Minerals.
• Opinion Poll Services.
• Intellectual Property Services.
• Forward Contract Service.
• Pandal Shamiana Services.
• Outdoor Catering.
• TV/Radio Programme Production.
• Commercial / Industrial construction.
• Travel Agents (other than air/rail).

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With effect from 01.01.2005

• Goods Transport Agency.

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With effect from 16.06.2005

• Transport of goods through pipeline.
• Site formation.
• Dredging.
• Survey Map making.
• Cleaning Services.
• Clubs /Associations.
• Packaging.
• Mailing list compilation.
• Construction of residential complex.

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A little more peep into certain services
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Custom House Agents
A person, licenced, temporarily or otherwise,
under the regulations made under the Customs
Act. Taxable Service Service provided to a
client, by a Custom House Agent, in relation to
the entry or departure of conveyances or the
import or export of goods. Tax is only on
commission / charges. Payments made on behalf
of client, like statutory levies,
reimbursible expenses are not subjected to
service tax. Option of paying service tax on 15
of the gross billed amount.
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Steamer Agents
Any person, who undertakes, either directly or
indirectly, (i) to perform any service in
connection with the ships husbandry or dispatch
including the rendering of administrative work
related thereto (ii) to book, advertise or
canvass for cargo for or on behalf of a shipping
line or (iii) to provide container feeder
services for or on behalf of a shipping line.
Taxable Service Service provided to a
shipping line, by a steamer agent in relation to
a ships husbandry or dispatch or any
administrative work related thereto as well as
the booking, advertising or canvassing of cargo,
including container feeder services.
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Clearing Forwarding Agents
Any person who is engaged in providing any
service, either directly or indirectly,
connected with the clearing and forwarding
operations, in any manner, to any other person
and includes a consignment agent. Taxable
Service Service provided to a client, by a
Clearing and Forwarding Agent, in relation to
clearing and forwarding operations, in any
manner.
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Port Services.
Port services means, any service provided by a
Port or any person authorised by the Port, in any
manner, in relation to a vessel or goods.
Taxable service Service provided to any
person, by a port or any person authorised by the
port, in relation to port services, in any
manner.
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Cargo Handling Services.
Cargo handling service means loading, unloading,
packing or unpacking of cargo and includes cargo
handling services provided for freight in
special containers or for non-containerised
freight, services provided by a container freight
terminal or any other freight terminal, for all
modes of transport and cargo handling service
incidental to freight, but does not include
handling of export cargo or passenger baggage or
mere transportation of goods. Taxable Service
Service provided to any person, by a Cargo
handling agency in relating to cargo handling
services.
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Storage Warehousing Services
Storage and warehousing includes storage and
warehousing Services for goods including liquids
and gases but does not Include any service
provided for storage of agricultural Produce or
any service provided by a cold storage. Taxable
Service Service provided to any person, by a
Storage or warehouse keeper in relation to
storage and Warehousing of goods.
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Goods Transport Agency
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Business Auxiliary Service
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CENVAT CREDIT
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EXEMPTIONS
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EXPORT OF SERVICE
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PROCEDURES

• Registration.
• Payment of service tax.
• Filing of return.
• Invoicing.
• Advance received.
• Maintenance of records.

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RATE OF TAX AND INTEREST

• From 01.07.1994 - 13.05.2003 5
• From 14.05.2003 09.09.2004 8
• From 10.09.2004 10 E.Cess 2

• From 01.07.1994 15.07.2001 1.5 p.m.
• From 16.07.2001 15.08.2002 24 p.a.
• From 16.08.2002 12.09.2004 15 p.a.
• From 13.09.2004 Till Date 13 p.a.

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THANKS
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Swamy associates 21/8 Rams Flats Ashoka
Avenue Directors Colony Kodambakkam Chennai 600
024. Ph 044-24811147 Fax [phone]
Swamy associates 4 E Radhekrishna Apartments 33
Sarojini Street Ram Nagar Coimbatore 641 009 Ph
0422-4377669 Fax [phone]
Swamy associates 493 17th G Main 6th
Block Koramangala Bangalore 560 095. Ph
080-51303434
Swamy associates H.No.3-6-659, Flat No.3C Anushka
Enclave Street No. 9 Himayat Nagar Hyderabad -
500 029. Ph 040 - 55526879