TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Finance Act Revises Service Tax Definitions; Section 66 Imposes 5% Tax, Sections 68-77 Cover Compliance Rules</h1> The amendment of Act 32 of 1994 under the Finance (No. 2) Act, 1998, revises definitions and provisions related to service tax. Section 65 introduces definitions for various services and entities subject to service tax, such as advertising agencies, air travel agents, architects, and more. Section 66 imposes a 5% service tax on specified services, with detailed provisions for collection and assessment. Sections 68 to 77 address payment, registration, returns, and penalties for non-compliance. Section 93 grants the Central Government authority to exempt certain services from tax. The amendment aims to streamline service tax administration and compliance.
TaxTMI 
TaxTMI 
