No higher service tax on air tickets booked before Apr 1: CBEC

Last Updated: Tuesday, April 10, 2012, 22:09

The Revenue Department has said air travellers who had purchased their tickets before April 1, 2012 will not have to pay the higher service tax.

CBEC threatens to move court against Kingfisher

Last Updated: Saturday, March 17, 2012, 16:17

The revenue department has threatened to take Kingfisher Airlines to the court over Service Tax evasion, saying the company has not deposited taxes it collected from travellers.

Revenue Dept against abolition of STT

Last Updated: Sunday, October 30, 2011, 14:02

The revenue department is opposed to abolition of Securities Transaction Tax (STT) as the levy helps keep a tab on investments in markets and track flow of unaccounted funds.

Of 15 lakh service tax payers, 9 lakh not filing returns: CBEC

Last Updated: Monday, August 22, 2011, 18:36

The Revenue Department is trying to locate 9 lakh business entities which have stopped filing service tax returns, with a view to improving collections, meeting Rs 82,000-crore target in 2011-12 and to ascertain whether there is any tax evasion.