Home > Experts > Service Tax > service tax water transport - wef ? or awaiting notification


Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


service tax water transport - wef ? or awaiting notification (Service Tax)

Report Abuse
This query is : Resolved


( Author )
24 July 2009

4 new services has been brought in the tax net
a) Transport of goods through Water :- to any person, by any other person, in relation to transport of (i) coastal goods; (ii) goods through national waterway; or (iii) goods through inland water.

Explanation.— For the purposes of this sub-clause,—

(a) “coastal goods” has the meaning assigned to it in clause (7) of section 2 of the Customs Act, 1962;

(b) “national waterway” has the meaning assigned to it in clause (h) of section 2 of the Inland Waterways Authority of India Act, 1985;

(c) “inland water” has the meaning assigned to it in clause (b) of section 2 of the Inland Vessels Act, 1917;

b)Transport of goods by rail,

Read the rest of this entry »


from when it is applicable...or from dt. of notification



Arbind Aggarwal

( Expert )
24 July 2009

DATE OF APPLICABILITY WILL BE THE DATE OF ENACTMENT OF FINANCE BILL 2009.

THE FINANCE BILL IS PENDING IN LOK SABHA AS OF NOW AND AFTER BEING PASSED BY BOTH HOUSES OF PARLIAMENT IT WILL GO TO THE PRESIDENT OF INDIA. AFTER THE APPROVAL OF PRESIDENT IT WILL BECOME EFFECTIVE. GENERALLY IT TAKES ABOUT 30 TO 45 DAYS FROM THE DATE OF PRESENTATION OF BUDGET. WE CAN EXPECT IT BY 2ND WEEK OF AUGUST.


Shyam Lal Naik

( Expert )
25 July 2009

The new services will be effected vide notification.


Shyam Lal Naik

( Expert )
28 July 2009

As per the Hon'ble Finance Minister, new services will be taxable w.e.f. 01.09.09


Previous

Next

You need to be the querist or approved CAclub expert to take part in this query .


Click here to login ( Members Login ) now


Similar Resolved Queries :











submit










Quick Links





back to the top