27 March 2013
Service provided by Govt is covered under Negative List.
As per exemption notification service provided to Govt in relation to following service is covered:
Services provided to the Government or local authority or a Governmental authority by way of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation or alteration of - (a) a civil structure or any other original works meant predominantly for use other than for commerce, industry or any other business or profession; (b) a historical monument, archaeological site or remains of national importance, archaeological excavation, or antiquity specified under Ancient Monuments and Archaeological Sites and Remains Act, 1958 (24 of 1958); (c) a structure meant predominantly for use as (i) an educational, (ii) a clinical, or (iii) an art or cultural establishment; (d) canal, dam or other irrigation works; (e) pipeline, conduit or plant for (i) water supply (ii) water treatment, or (iii) sewerage treatment or disposal; or (f) a residential complex predominantly meant for self-use or the use of their employees or other persons specified in the
27 March 2013
Financial corporate body act as agent loan borrowed form bank on behalf of government for that government pay service charges 0.5% to the Financial corporate body for this service tax applicable or not
27 March 2013
Financial corporate body act as agent loan borrowed form bank on behalf of government for that government pay service charges 0.5% to the Financial corporate body for this service tax applicable or not
CAclubindia
