Seeks to bring into effect provisions of clause (h) of section 107 of the Finance Act, 2015 Notification No 15/2016-Service Tax dt. 01-03-2016 Note : the definition of “support service” [section 65B (49)] is also to be omitted from date to be notified [section 107(h) of Finance Act, 2015]. As and when this amendment is given… Read More »
Seeks to prescribe interest rate under section 73B of the Finance Act, 1994 Notification No 14/2016-Service Tax dt. 01-03-2016
Notification No 13/2016-Service Tax dt. 01-03-2016 Collection of any amount as service tax but failing to pay the amount so collected to the credit of the Central Government on or before the date on which such payment becomes due -Rate of simple interest- 24% Other than in situations covered under serial number 1 above. : Rate of… Read More »
Seeks to prescribe interest rate under section 75 of the Finance Act, 1994 Notification No 13/2016-Service Tax dt. 01-03-2016 Collection of any amount as service tax but failing to pay the amount so collected to the credit of the Central Government on or before the date on which such payment becomes due -Rate of simple interest-… Read More »
Seeks to amend notification No. 32/2012-Service Tax dated 20th June, 2012, so as to exempt services provided by the bio-incubators approved by the Biotechnology Industry Research Assistance Council, under Department of Biotechnology, Government of India Notification No 12/2016-Service Tax dt. 01-03-2016
Seeks to exempt services in relation to Information Technology Software recorded on a media bearing RSP, provided Central Excise Duty has been paid Notification No 11/2016-Service Tax dt. 01-03-2016
Seeks to amend Point of Taxation Rules, 2011 so as to insert clarificatory Explanations Notification No 10/2016-Service Tax dt. 01-03-2016
CIRCULAR NO 6/2016 [ Income Tax ] SECTION 45, READ WITH SECTION 28(i), OF THE INCOME-TAX ACT, 1961 – CAPITAL GAINS, ISSUE OF TAXABILITY OF SURPLUS ON SALE OF SHARES AND SECURITIES CHARGEBALE AS CAPITAL GAINS OR BUSINESS INCOME INSTRUCTIONS IN ORDER TO REDUCE LITIGATION CIRCULAR NO 6/2016 [F.NO.225/12/2016-ITA-II], DATED 29-2-2016 Sub-section (14) of section 2 of the… Read More »
Seeks to amend notification No. 25/2012-Service Tax, dated 20th June 2012, so as to amend certain existing entries granting exemption on specified services and inserting new entries for granting exemption from service tax on specified services Notification 09/2016-Service Tax dt. 01-03-2016
Seeks to amend notification No. 26/2012-Service Tax, dated 20th June 2012, so as to make necessary amendments in the specified entries prescribing taxable portion and the conditions for availing the exemption therein [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF… Read More »