CBEC with effect from 1st April 2015 vide Notification No. 8/2015-ST, Dated: March 01, 2015 has amended the Abatement Notification No. 30/2012 dated 20.06.2012 as follows: (i) The taxable portion of service of transportation by rail, road and vessel shall be 30% subject to a uniform condition of non-availment of CENVAT Credit on inputs, capital goods and input services.
Seeks to amend notification No. 30/2012-Service Tax dated 20th June, 2012, so as to prescribe, the extent of service tax payable by the service provider and any other person liable for paying service tax other than the service provider. CBEC with effect from 1st April 2015 vide Notification No. 7/2015-ST, Dated: March 01, 2015has amended […]
16. Services by an artist by way of a performance in folk or classical art forms of (i) music, or (ii) dance, or (iii) theatre, if the consideration charged for such performance is not more than one lakh rupees
Notification No. 5/2015-ST, Dated: March 01, 2015, Seeks to amend Service Tax Rules, 1994 so as to prescribe,- (i) definition of an ‘aggregator’ and the ‘brand name or trade name’ (ii) the person liable to pay service tax for certain specified services; (iii) for issuing digitally signed invoices and their authentication by means of digital […]
Seeks to amend notification No. 31/2012-Service Tax, dated 20th June, 2012, so as to exempt services provided for transportation of export goods by road from the place of removal to a land customs station (LCS). CBEC vide Notification No. 4/2015-ST, Dated: March 01, 2015 has exempted services provided by goods transport agencyto an exporter for […]
NOTIFICATION. 3/2015-ST, Dated: March 01, 2015 In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of […]
Changes proposed in priority sector lending (psl)-regarding Since the vision of Priority Sector Lending (PSL) first took shape, the structure of the Indian economy, the contribution by various sectors to GDP and the demographic profile has changed significantly. These emerging realities have also shaped the perception of national priorities. Total credit extended by Banks in […]
In exercise of the powers conferred by sub-clause (iii) of clause (c) of section 23A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby specifies resident firm as class of persons for the purposes of the said sub-clause
In pursuance of rule 12CCC of the Central Excise Rules, 2002 and rule 12AAA of the CENVAT Credit Rules, 2004, the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance
Provided that it shall be sufficient to provide a letter of undertaking by a manufacturer against whom no show cause notice has been issued under sub-sections (4) or (5) of section 11A of Central Excise Act, 1944 or where no action is proposed under any notification issued in pursuance of rule 12CCC of Central Excise Rules, 2002 or rule 12AAA of CENVAT Credit Rules, 2004.
