Service tax

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student
49 Points Posted on 17 January 2017
Sir is there any notification or circular regarding change in rate of service tax for tour operator from 22.01.2017? If any, plz specify. Thank You
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On 17 January 2017 at 10:59 Report
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SEO Sai Gr. Hosp.
212569 Points Posted on 17 January 2017

New Provision:

  • No separate distinction.
  • In all the cases 60% value will be taxable.
  • Cenvat credit of Input and Capital Goods will not be available.
  • However full credit of all Input services will be available.

(Notification No. 04/2017-ST dated 12th Jan, 2017, effective from 22nd Jan, 2017)

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On 17 January 2017 at 12:44
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student
49 Points Posted on 20 January 2017

thank u sir

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On 20 January 2017 at 12:37

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