Service Tax on Builders and Developers 1 Real Estate & Service Tax(Service Tax on Builders and Developers) 1.1 Definition of term Service – Section 65B(44) Section 65B (44) defines service as – “service” means any activity carried out by a person for another for consideration, and includes a declared service, but shall not include—
Category Archives: Service Tax
Service tax rates,taxable services in india
SERVICE TAX ON RESTAURANTS AND HOTELS – LEGISLATIVE COMPETENCE The Finance Act,2011 has inserted sub clause (zzzzv) and (zzzzw) to section 65(105) of the Finance Act,1994 thereby imposed service tax on restaurant services and short term accommodation services provided in hotels with effect from May 1, 2011. The scope of the services are defined as […]
Clarification regarding Restaurant Service Services provided by specified Restaurant Service in other areas of the hotel are liable to service tax.Under Service Tax Act. Circular No.173/8/2013 – ST F.No.334/3/2013-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Tax Research Unit North Block New Delhi, 7th October, 2013 To […]
Service tax on Educational Services Service tax on Educational Services is now converted into Goods and services tax and the related topic must be seen in the concept of Goods and Service Tax. As, Education being one of the priority sectors of the Government of India has been kept outside the purview of service tax […]