|
1.
|
12/2001-Service Tax, dated the 20th December, 2001 [G.S.R. 907 (E) dated the 20th December, 2001]
|
In the said notification, for the words “from the whole of the service tax leviable thereon under section 66 of the said Act”, the words “from so much of the service tax leviable thereon under section 66 of the said Act, as is in excess of the service tax calculated on a value which is equivalent to sixty per cent. of the gross amount charged from the client for the said taxable service” shall be substituted.
|
|
2.
|
13/2003-Service Tax, dated the 20th June, 2003 [G.S.R. 504 (E) dated the 20th June, 2003]
|
In the said notification,-
(i) in the preamble, for the words “commission agent from the service tax leviable thereon under sub-section (2) of section 66 of the said Act”, the words “commission agent in relation to sale or purchase of agricultural produce from the service tax leviable thereon under section 66 of the said Act” shall be substituted;
(ii) for the Explanation, the following shall be substituted, namely :-
“Explanation. - For the purposes of this notification, -
(i) “commission agent” means a person who causes sale or purchase of goods, on behalf of another person for a consideration which is based on the quantum of such sale or purchase.
(ii) “agricultural produce” means any produce resulting from cultivation or plantation, on which either no further processing is done or such processing is done by the cultivator like tending, pruning, cutting, harvesting, drying which does not alter its essential characteristics but makes it only marketable and includes all cereals, pulses, fruits, nuts and vegetables, spices, copra, sugar cane, jaggery, raw vegetable fibres such as cotton, flax, jute, indigo, unmanufactured tobacco, betel leaves, tendu leaves, rice, coffee and tea but does not include manufactured products such as sugar, edible oils, processed food and processed tobacco.”
|
|
3.
|
2/2004-Service Tax, dated the 5th February, 2004 [G.S.R. 101(E) dated the 5th February, 2004]
|
In the said notification, for the words “ten per cent.”, the words “forty per cent.” shall be substituted.
|
CAclubindia
