Tag Archives: applies
THE NEVERENDING LOOP OF REVERSE CHARGE
Prologue The legislature in the 11 – 12 budget amendments by insertions in Chapter V & VA of the Finance Act, 1994 (FA for short) made effective from 1.7.12 has enforced recommendations of the Kelkar committee i.e. to charge service … Continue reading
Posted in Budget, Service Tax, Import of Service
Tagged service, deeming fiction, import of service, Charging section, section 68, Kelkar, Kelkar committee, Finance Act, 1994, Chapter, Chapter V & VA, legislature, charge, section 66B, consideration, activity, inertia, singular, negative list, rate of tax, taxable, taxable territory, collected, prescribed, collected in manner prescribed, effect, charging, charged, @12%, value, value of service, specified, collection, applies, provided, provided or to be provided, section65B(52), Indian territory, Indian, Territory, Jammu, Kashmir, section 65B(27), Article, Constitution, Constitution of India, court, golden rule of interpretation, background, prior to 18.04.2006, section68(2), Rule 2(1)(d)(iv), 16.08.2002, Government, official gazette, rule cannot overide section, rule cannot overide the provisions of the act, envisage, notified, no service tax, crystallized, receipt of service, deeming, fiction, no link, no charge on import of service, no, charge under section 66B, place, provision, place of provision of service, @
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