CA Ramsai N (Fresher) 25 January 2014
Hai friends here is some tip with me to remember the negative list service tax.
Code is : mr.GR is FAT, rolling on MAT after taking BEEER. IT is Terrific Fun.
Observe all capital letters and go through it.
G- Govt or local auth services
R- RBI (by RBI)
F- Foreign diplomatic mission (by FDM)
A- Agriculture services
T-Trading of Goods
T- Toll Services
B- Betting, gambling or lottery
E- Entertainment or amusement facilities
E- Electricity transmission
E- Education services
I- Interest or discount (and f.currency)
T- Transportation of passengers
T- Transportation of good
F- Funeral, Burial, Crematorium