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Circular No.158/9/2012-ST dated 8th May 2012 stayed by Chief Justice of Delhi High Court

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..... Circular No.158/9/2012-ST dated 8th May 2012 stayed by Chief Justice of Delhi High Court - Commentaries / Editorials Dated:- 28-7-2012 - News - The Service Tax Department vide Circular No.158/9/2012 .....

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..... -ST dated 8 th May 2012 demanded differential service tax of 2% in respect of 8 categories of service providers who were required to pay service tax on receipt basis even after introduction of Point .....

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..... of Taxation Rules, 2011. The aforesaid Circular was challenged in Delhi Chartered Accountants Society v UOI before the Hon ble Delhi High Court. The matter was listed before the Division Bench .....

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..... of Hon ble Acting Chief Justice A.K. Sikri and Hon ble Mr. Justice Rajiv Sahai Endlaw. Mr. Ruchir Bhatia, Advocate appeared on behalf of the Petitioner; and I am pleased to inform you that the Hon ble .....

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..... Court was pleased to hear; and after hearing was pleased to stay (the coercive recovery of) the differential demand of service tax of 2% on services provided and invoices issued prior to 01.04.2012 .....

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..... by all the 8 categories of professionals including Chartered Accountants. Rakesh Chitkara, Advocate - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - tax .....

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..... managementindia.com - TMI - TaxTMI - TMITax .....

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