Just a moment...

Top
Help
Upgrade to AI Search

We've upgraded AI Search on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Search

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post an Article
Post a New Article
Title :
0/200 char
Description :
Max 0 char
Category :
Co Author :

In case of Co-Author, You may provide Username as per TMI records

Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Articles

Back

All Articles

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
Sort By:
Relevance Date

Services taxable earlier but exempted w.e.f 01.07.2012

Meenu Garg
Services exempted under the negative list: specified advertising, copyright, inland water transport and intermediary services exempt from service tax. Introduction of the negative list rendered specified services exempt from service tax w.e.f. 01.07.2012, including sale of advertising space/time (excluding radio/television broadcasts), copyright services for original works and films, transport of goods by inland waterways, and specified financial intermediary services such as sub-brokers, authorised persons to exchange members, mutual fund agents and distributors, lottery selling/marketing agents, SIM card selling agents or distributors, and rural business facilitators or correspondents to banks and insurance companies. (AI Summary)
1.  Sale of space or time slots for advertisement other than advertisement broadcasts by radio or television.

2.  Copyright services in respect of original literary, dramatics, musical, artistic works and cinematography films.

3.  Transport of goods through Inland waterways.

4.  Services provided by financial intermediaries
      a) Sub-broker or  an authorised person to a stock broker.
      b) Authorised person to a member of a commodity exchange.
      c) Mutual Fund Agent to a mutual fund or a asset management company.
     d) Distributor to a mutual fund or a asset mantaxagement company.
     e) Selling or marketing agent of lottery tickets to a distributor or a selling agent.
     f) Selling agent or a distributor of SIM cards or recharge coupon vouchers.
     g) Business facilitator or a business correspondent to a banking company or an insurance company, in rural area.

 

answers
Sort by
+ Add A New Reply
Hide
JAMES PG on Sep 11, 2012

Likewise, there are other services  specifically exempted prior to Ist July, 12, but became taxable  post the introdcution of Negative List. For example, transportation through pipeline excluded water transportation, cargo handling doesnot include export cargo, construction services excluded all types of Road  etc

+ Add A New Reply
Hide
Recent Articles