CAG Identifies Several Issues on Applicability of Service Tax on Works Contract– Download Complete Report No. 26 of 2015
CAG has identified several issues on applicability of service tax on works contract in its recent report No. 26 of 2015, which inter-alia includes as under:-
- Non Registration of Assessees
- Delay in Registration
- Non Filing of Returns
- Non Levy of Late Fees
- Non Inclusion of Value of Free Supply in Discharge of Service Tax under Rule 2A of Service Tax (Determination of Value Rules),2006
- Cenvat Issues
- Exemption wrongly availed Issues
- Other Compliance Issues
Below is the Complete Report. It can downloaded from under mentioned link also
http://www.saiindia.gov.in/english/home/Our_Products/Audit_Report/Government_Wise/union_audit/recent_reports/union_performance/2015/INDT/Report_26/26%20of%202015_STax.pdf
Related Tags CAG, Cenvat, Servicetax
