Latest Notifications under Service Tax Laws

 

  Amendment of notification No. 30/2012-Service Tax dated 20th June, 2012, so as to prescribe extent of payment of service tax by a business entity as a recipient of services provided by senior advocates. - vide notification number 34/2016-Service Tax dt. 06-06-2016

 

  Amendment of  Service Tax Rules, 1994 so as to specify the business entity as the person liable to service tax in respect of services provided by senior advocates. - vide notification number 33/2016-Service Tax dt. 06-06-2016

 

*   Seeks to amend notification No. 25/2012 - Service Tax, dated the 20th June, 2012, so as to exempt the legal services provided by senior advocates to a business entity with a turnover up to rupees ten lakh in the preceding financial year. - vide notification number 32/2016 - ST dt. 26-5-2016

 

*   Seeks to inter alia provide composition rate for Krishi Kalyan Cess as applicable to ST under sub-rules 7,7A,7B,7C of rule 6 of STR, 1994 - vide notification number 31/2016 - ST dt.
26-5-2016

 

*   Seeks to amend notification No. 12/2013- ST, dated the 1st July, 2013 so as to inter alia allow refund of Krishi Kalyan Cess paid on specified services used in an SEZ. - vide notification number 30/2016 - ST dt. 26-5-2016

 

*   Seeks to amend notification No. 39/2012- ST, dated the 20th June, 2012 so as to provide for rebate of Krishi Kalyan Cess paid on all services, used in providing services exported in terms of rule 6A of the Service Tax Rules - vide notification number 29/2016 -ST dt. 26-5-2016

 

*   Seeks to exempt such taxable services from whole of Krishi Kalyan Cess leviable thereon which are either exempt from the whole of service tax by a notification or otherwise not leviable to service tax. Further, the notification seeks to provide that abatement notification shall be applicable for computing Krishi Kalyan Cess - vide notification number 28/2016 - ST dt. 26-5-2016

 

*   Seeks to provide that notification No. 30/2012 - Service Tax, dated the 20th June, 2012, shall be applicable mutatis mutandis for the purposes of Krishi Kalyan Cess.  - vide notification number 27/2016 - ST dt. 26-5-2016

 

*   Seeks to amend Cenvat Credit Rules so as to prescribe that Cenvat credit of Krishi Kalyan Cess paid on input services would be available to service providers and could be utilised for discharge of liability of Krishi Kalyan Cess only -vide notification number 28/2016-CENT dt. 26-05-2016. 

*   Finance Act, 2016 passed on 14-5-2016 - Amended Service Tax laws - President gave assent on 14-5-2016.

 

 


 
     
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