Supreme Court: IBC Mechanism Cannot Replace Decree Execution or Recovery Proceedings || SC Orders Closure of School Over Loan Default, Directs Police-Assisted Takeover under SARFAESI Act || MP HC: HC Lacks Jurisdiction to Appoint an Arbitrator in International Commercial Disputes || Allahabad HC Imposes Rs 15L Costs on Husband For Filing False Affidavits in Maintenance Proceedings || MP HC Directs ASI to Upload Bhojshala–Kamal Maula Survey Video on Secure Platform For Litigant || Bombay HC: Public Gathering Does Not Justify Handcuffing, Awarded ?50,000 Compensation || Madras HC: Woman’s Dignity Linked to Right to Shelter; Orders Restoration of Demolished Home || SC: Absence of Independent Witnesses is Not Fatal if Injured Eyewitness Testimony is Sterling || Supreme Court: Prosthetic Limb Costs Must Be Compensated To Restore Victims’ Dignity || Supreme Court: Probate Can be Revoked For Non-Impleadment of Parties and Suppression of Facts

Service tax levy on services provided by a Goods Transport Agency- (Ministry of Finance ) (05 Oct 2015)

MANU/DSTX/0028/2015

Service Tax

Ministry of Finance has taken measures to alleviate difficulties faced by Goods Transport Agencies in respect of service tax levy on the services of goods transport. Doubts were raised by the All India Motor Transport Congress regarding treatment given to various services provided by GTAs in the course of transportation of goods by road. Since 1 July, 2012, service tax has shifted to a negative list regime, by which all the services except those covered in negative list as mentioned in section 66D of the Finance Act, 1994 or those exempted by notification are chargeable to service tax.

Relevant : Exemption on taxable service MANU/DSTX/0033/2012

Tags : SERVICE TAX GOODS TRANSPORT

Share :