02 August 2012
Please quote the section and the corresponding Act. The general rule says that EXEMPTIONS can not be MANDATORY. The very fact that it is exemption suggests the gratituous intent.
02 August 2012
As per amendments services mentioned in negative list are not liable for service tax. but if a person wants can he collect the service tax on those services? if yes can it be considered as output service for the purpose of claiming set of input credit under CENVAT Credit rules?
CAclubindia
