[X] Close
[X] Close

Renting Of Immovable Property by CA Nitin Gupta

Analysis of Negative List of Service Tax By CA Nitin Gupta

In terms of Section 66B of the Act, service tax will be leviable on all services provided in the taxable territory by a person to another for a consideration other than the services specified in the negative list. Due to Section 66B, the regime of service tax from taxable 119 services to 17 services under negative list. Meaning thereby that except these 17 Services, all Services will be taxable under Service tax. In all, there are seventeen heads of services that have been specified in the negative list. 
Subscribe to Studycafe by Email

REVERSE CHARGE MECHANISM RULES BY CA NITIN GUPTA

We all know that Under the reverse charge mechanism, instead of service provider, the service receiver is liable to pay service tax. With effect from 1.7.2012 a new scheme of taxation is being brought into effect whereby the liability of payment of service tax shall be both on the service provider and the Service Recipient. CA Nitin Gupta has Taught us the details Provisions of Reverse Charge Mechanism Rules in the below article.


Subscribe to Studycafe by Email

Blog Archive

Search This Blog

Subscribe via email

Enter your email address:

Delivered by FeedBurner

Recommend us on Google!
-->