Validity of notofication no.12/2003


This query is : Resolved 

(Querist)
02 July 2012 A warm Hello to all,

My firm is a manufacturing concern availing benefit of notification no. 12/2003 of Service Tax. Can anyone kindly let me know whether after introduction of negative list, whether the said notification will be still valid & can i still claim exemption on basis of that. If not, is there any new notification applicable to me.

Thanks

03 July 2012 As per the available reports 12/2003 notn will be no longer valid, in view of the new valuation rules 2A. Official notn will be made available.

Rishabh (Querist)
12 July 2012 Sir, has there been new notification regarding this issue.

Rishabh (Querist)
12 July 2012 Any new notification

12 July 2012 According to notn No.34/2012-ST dt 20.06.12, the earlier notn 12/2003 has been omitted. Please see the valuation new rules 2A for maintenance contracts and other works contract.


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