Service tax base expansion: advertising and radio taxi coverage plus revised exemptions reshape tax incidence and compliance obligations. Service tax coverage is broadened to include online and mobile advertising and radio taxi services while key general exemptions are withdrawn or narrowed; the concept of auxiliary educational services is replaced by a specific list of exempt services received by eligible educational institutions. Valuation rules for works contracts and taxable portions for vessel transport are adjusted, new targeted exemptions are introduced, and a retrospective exemption is provided for certain past services. Compliance and recovery are strengthened via amended adjudication timelines, a mandatory appeal pre-deposit regime, tiered interest for delays, expanded reverse charge liabilities, revisions to Cenvat credit rules, and SEZ procedural simplifications.
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Provisions expressly mentioned in the judgment/order text.
Service tax base expansion: advertising and radio taxi coverage plus revised exemptions reshape tax incidence and compliance obligations.
Service tax coverage is broadened to include online and mobile advertising and radio taxi services while key general exemptions are withdrawn or narrowed; the concept of auxiliary educational services is replaced by a specific list of exempt services received by eligible educational institutions. Valuation rules for works contracts and taxable portions for vessel transport are adjusted, new targeted exemptions are introduced, and a retrospective exemption is provided for certain past services. Compliance and recovery are strengthened via amended adjudication timelines, a mandatory appeal pre-deposit regime, tiered interest for delays, expanded reverse charge liabilities, revisions to Cenvat credit rules, and SEZ procedural simplifications.
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