Service Tax (Removal of Difficulties) Second Order, 2012 – Insertion of Explanation to section 66B of the Finance Act, 1994

The CBEC has clarified that education cess and secondary and higher education cess on service tax would continue to be applicable even post introduction of taxation of services based on negative list.

ORDER NO. 2/2012, dated 29-6-2012

Whereas difficulties have arisen in giving effect to the provisions of section 143 of the Finance Act, 2012 (23 of 2012), in so far as it relates to insertion of section 66B in Chapter V of the Finance Act, 1994 (32 of 1994);

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Now, therefore, in exercise of the powers conferred by sub-section (1-I) of section 95 of the said Finance Act, the Central Government, hereby makes the following Order, namely:-

1. (1) This Order may be called the Service Tax (Removal of Difficulties) Second Order, 2012.

(2) It shall come into force on the 1st day of July, 2012.

2. In the Finance Act, 1994 (32 of 1994), after section 66B, the following Explanation shall be inserted, namely:-

Explanation.- For the removal of doubts, it is hereby clarified that the references to the provisions of section 66 in Chapter V of the Finance Act, 1994(32 of 1994) or any other Act, for the purpose of levy and collection of service tax, shall be construed as references to the provisions of section 66B.”

Related Posts :-

Ed. Cess and SH Ed. Cess to continue even after 30.06.2012

Insertion of Explanation to section 66B of the Finance Act, 1994

Instruction relating applicability of Ed. Cess & SH Ed. Cess in new Service Tax Regime

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Category : Service Tax (3286)
Type : Notifications/Circulars (30302) Orders (481)

0 responses to “Insertion of Explanation to section 66B of the Finance Act, 1994”

  1. ca pravin dhandharia says:

    dear all professionals

    Through this forum i would like to raise a very serios issue keeping all due respect to our parliamentary process and powers vested in governing bodies.

    CAN THEY DO THIS ?

    1. change the finance act or any of its provisions for any given reasons.
    2. can the parliament deligate powers in this issue. do they have any rights to do so.
    3. can anybody become in govt in it self and exercise powers which are only vested to parliament and assent of honorable president of india is must.
    4. can not be this issue be taken up suo moto by honorable supreme court of india and pronounce verdict on it.

    Friends i am not a legal expert on  this subject of conatitution. but basic question arose in my mide and unable to stop my self to write this.

    I am not mentioning what could order no 3 can do ? as i dont know.

    Guys i urge for  some very serious debate from experts on this issue.

    Reagrds

    Ca pravin dhandharia.
    Ahmedabad
    9327077643.

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