Serv.tax
This query is : Open
06 March 2014
Under service tax
What is the Simple Meaning of declared services?
and
what is the Differance b/w declared service and negative list?
08 March 2014
Hello Mohit.
Under the new scheme of service tax all the activities that are covered by the definition of service as stated in 65 are taxable services.
In order to provide relief to public at large the government has declared a certain set of services which are exempt from service tax law.The list is stated in sec 66d of the service tax law and is known as negative list.
There are also certain activities
where there is confusion regarding the nature of activity ,i.e., whether they are service or not.In order to remove the confusion,the government has declared a certain list of activities as services in sec 66e.These are the declared servies.
you can refer to page 39-41 of the following
http://servicetax.gov.in/st-act-ason24oct2013.pdf
Regards
Under the new scheme of service tax all the activities that are covered by the definition of service as stated in 65 are taxable services.
In order to provide relief to public at large the government has declared a certain set of services which are exempt from service tax law.The list is stated in sec 66d of the service tax law and is known as negative list.
There are also certain activities
where there is confusion regarding the nature of activity ,i.e., whether they are service or not.In order to remove the confusion,the government has declared a certain list of activities as services in sec 66e.These are the declared servies.
you can refer to page 39-41 of the following
http://servicetax.gov.in/st-act-ason24oct2013.pdf
Regards
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Applicability of Ind As to associate of associate
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
