NCLAT: Creditors May Choose to Proceed Against One or Multiple Guarantors as They See Fit  ||  NCLAT Delhi: Authority Can Enforce Arbitral Award Via Resolution Professional Under IBC Section 60(5)  ||  Bombay HC Rejects Plea For 'Eco-Friendly' Ganesh Idol Immersion, Upholds Citizens' Right to Clean Wat  ||  Delhi HC:WhistleblowingDoesn’t Grant Employees Immunity from Transfer Orders  ||  Delhi HC: Higher Compounding Fees Don't Apply on Second TDS Default Plea If First Was Rejected  ||  NCLAT Rules Guarantor’s Liability Can Exceed Cap Set in Guarantee Deed on Principal Borrower’s Debt  ||  NEET-UG 2025: Supreme Court Dismisses Plea Claiming OMR Sheet Tampering by Candidate  ||  SC Refuses Interim Bail to Shabir Ahmed Shah; Issues Notice on His Bail Petition  ||  SC Summons MCD Commissioner over Debris at Lodhi-Era Gumti, Asks, "Is There an Ego Issue?"  ||  SC Grants Interim Relief to YSRCP’s Pinnelli Ramakrishna Reddy in Double Murder Case of TDP Activists    

Clarification on levy of tax for services provided by government or authority- (Ministry of Finance ) (13 Apr 2016)

MANU/DSTX/0028/2016

Service Tax

The Central Board of Excise and Customs issued a comprehensive clarification on the levy of service tax on services provided by the government or a local authority to a business entity. It also includes detailed examples to illustrate computation of service tax in situations when the service rendered is chargeable to tax.

Services provided by the government or a local authority to business entities with a turnover of over Rs. 10 lakh have become taxable effective 1 April 2016, though services such as grant of passport, visa, driving licence and other certificates are exempt. Moreover, services for which the gross amount charged by the government or authority is less than Rs. 5000 are also exempt.

Relevant : Clarifications regarding services provided by government or authority MANU/PIBU/0378/2016 Service Tax (Determination of Value) Amendment Rules, 2016 MANU/DSTX/0030/2016 Point of Taxation (Third Amendment) Rules, 2016 MANU/DSTX/0031/2016

Tags : SERVICE TAX   GOVERNMENT   BUSINESS ENTITY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved