What is meanining of negitive list of service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 December 2012
Dear Experts,
please brief me the what is the meaning of negative list of service tax in brief and the implementation and effects of the same with the current scenario of service Tax.
please brief me the what is the meaning of negative list of service tax in brief and the implementation and effects of the same with the current scenario of service Tax.
Amol S Joglekar
(Expert)
01 December 2012
In order to make the taxability of SERVICE in a ROBUST way, by GOVT, a negative list is prepared by Govt. Now it has become very easy for Govt to tax every thing under the SKY as service EXCEPT negative list.
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