23 May 2012
As per the provisions of Sec. 372A, the Section is not applicable on companies providing infrastructure facilities. However the term 'infrastructure' has not been defined in the Act.
Please advice as to whether the exemption is available for power generation company which is a captive power plant for one of its group comapnies?
Regards, Rishi
Querist :
Anonymous
Querist :
Anonymous
(Querist)
23 May 2012
Hi,
Can anyone tell me the Maximum penalty for non-registration of service tax.
According to the definition of RBI infrastructure sector would be defined to include (i) power, (ii) telecommunication, (iii) railways, (iv) road including bridges, (v) sea port and airport, (vi) industrial parks, (vii) urban infrastructure (water supply, sanitation and sewage projects), (viii) mining, exploration and refining and (ix) cold storage or cold room facility, including for farm level pre-cooling, for preservation or storage of agricultural and allied produce, marine products and meat.
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