Telecommunication service & service portion in execution of a works contract to be treated as continuous supply of service

TG Team 20 Jun 2012 1,352 Views 0 comment Print Service Tax | Notifications, Notifications/Circulars

Following changes have been made in POTR

i. The words “provided or to be provided” have been substituted by words “provided or agreed to be provided”.

ii. Definitions of associated enterprises and taxable service have been omitted.

iii. As against existing 5 services notified under “continuous supply of services” vide Notification No. 28/2011-ST dated 01-04-2011, only two services namely, “telecommunication services” & “service portion in execution of a works contract”.

Notification No. 38/2012 – Service Tax New Delhi, the 20^th June, 2012

G.S.R. (E).- In exercise of the powers conferred by sections 93 and 94 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.28/2011-Service Tax, dated the 1^st April, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 293(E), dated the 1st April, 2011, namely:-

In the said notification, for the words, brackets, letters and figures “referred to in clauses (zzq), (zzzh), (zzzx), (zzzu) and (zzzza) of section 65(105) of the Finance Act” the words “of telecommunication service and service portion in execution of a works contract” shall be substituted.

2. This notification shall come into force come into force from the 1^st day of July, 2012.

[F.No. 334 /1/ 2012-TRU]

(Rajkumar Digvijay)

Under Secretary to the Government of India

Note.- The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 28/2011 – Service Tax, dated 1^st April, 2011 vide number G.S.R. 293 (E), dated the 1^st April, 2011.