Taxation on negative list, classification lost relevance ?

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When will taxation of services based on negative list be operational ?

Under the new regime, will classification of taxable service be not relevant ? I mean the section 65 and 65(105) with its different clauses have no meaning / be redundant ?

 

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Replies (1)

The new negative list of service may become operational towards the end of May.

Yes, section 65(105) shall be completely redundant with the introduction of negative list. .


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