Service Tax : The new charging section, section 66B, enables taxation of only such services as are provided in taxable territory. Thus services ...
Service Tax : Basically what the provisions of service tax contained in finance act 1994 lack was the definition of service. What the service ac...
The new charging section, section 66B, enables taxation of only such services as are provided in taxable territory. Thus services that are provided in a non-taxable territory are not chargeable to service tax.
Basically what the provisions of service tax contained in finance act 1994 lack was the definition of service. What the service actually is? Answer to this question has also became important because now all the services are being taxable except those which has been provided in negative list or are being specifically exempted by way […]
