Service Tax basics

I hope this reaches a wide variety of intended audience.

Service Tax in India is of a recent origin (not as recent but not as old either because in taxation parlance the ord recent has a different conotation) - it was introduced in 1994 by the then Finance Minister Mr. Manmohan Singh (todays PM) with an announcement that it would be the most user friendly tax that India has ever seen. He and his successors followed this path since 2004 when the things started changing and complication were being brought in every sphere - be it the haywire definitions of what is taxable and what is not or the penal clauses.

As litigations started pouring in the people are now hearing the music loud and clear that in India what is meant by tax payer friendly is at the end not that friendly at all.

Hence in this background i thought i should start this blog. My intentions are fair and i want to impart as much as i know and if i dont know it will be my endeavour to learn and than advice. So people keep writing in and i promise to come back as soon as time permits.