Web24 Aug 2009 · There was, thus, short payment of service tax whether calculated on basic fare basis under rule 6 (7) at the rate prescribed thereunder or calculated at the normal … WebSection 66 of the FA, 1994 specifically mentions that the service tax will be on the 'value of taxable services'. Thus, service tax is to be determined with reference to the value of …
Declared Services - 66E, Service Tax
WebChapter V of Finance Act, 1994. 68. 1[Payment of service tax. (1) Every person providing taxable service to any person shall pay service tax at the rate specified in section 4 [66B] … Webtreated as consideration for tolerating an act. As per section 66E(e) of Finance Act, 1994, agreeing to the obligation to refrain from an act, or to tolerate an act or a situation, or to do an act is a declared service. The key observations of the CESTAT are: There is a marked distinction between conditions contained in the contract and oras mirage island
Chapter V of Finance Act, 1994 - taxmanagementindia.com
WebThe Section 66D introduced in the Finance Act, 1994 states that the negative list would be comprising of the following :-. The negative list shall comprise of the following services, … Web7 Jan 2012 · Section 66F. : Principles of interpretation of specified descriptions of services or bundled services (w.e.f. 1-7-2012) Section 67. : Valuation of Taxable Services of … Web21 May 2012 · Service Tax was introduced for the first time under Chapter V of the Finance Act, 1994. Section 66 of the Act was the charging section and it provided for the levy of service tax at the rate of five per cent of the value of the taxable services. “Taxable service” was defined in Section oras mirage island with nothing on it