May 2016 idt amendment doubt?

Final 484 views 4 replies

Whether the following 3 amendments are applicable for May 2016 Final IDT exam ?

 1. swachh bharat cess
 2. all services provided by govt./local authority to business entity removed from negative list
 3. service tax to be payable by the recipient of service (i.e paid under reverse charge)in relation to ALL services provided by Government to business entities (except specified services)

 

I found these amendments in the supplementary study paper for May 2016...whose effective dt is only after 31/10/15. So are these amendments applicble for May 2016 exam.. Pls clarify!!

Replies (4)

Swach Bharat Cess is not applicable for May 2016 Exams

Service tax on services provided by Government to business entities [Section 66D(a)(iv)] hasn't been made effective. So it would not apply for May 2016.

 

Swachh Bharat Cess would not be applicable this time. Service tax rate applicable is 14%.

Thanks a lot!!


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