Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Finance Act 2016: Tax Exemptions for Construction Services Under Sections 101, 102, 103; Refunds Possible.</h1> Sections 101, 102, and 103 of the Finance Act, 2016, introduce exemptions from service tax for specific construction-related services. Section 101 exempts services related to the construction of canals, dams, etc., provided to certain governmental bodies between July 1, 2012, and January 29, 2014. Section 102 exempts services for constructing government buildings, educational, clinical, or cultural establishments, and residential complexes for government use, provided between April 1, 2015, and February 29, 2016. Section 103 exempts services for constructing airports or ports under contracts before March 1, 2015. Refunds for collected taxes are available if claimed within six months of the Finance Bill's presidential assent.