Just a moment...

⚠✕
❮ Top
☎ Help
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
☰
×

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 :

Print Options

+ 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
PrevPreviousNextNext

Services taxable earlier but exempted w.e.f 01.07.2012

Meenu Garg
Certain Services in India Exempt from Taxation Since 2012, Including Ads and Financial Intermediary Services From July 1, 2012, certain services in India became exempt from taxation, including the sale of space or time slots for advertisements, copyright services for original creative works, and the transport of goods via inland waterways. Additionally, services provided by financial intermediaries such as sub-brokers, mutual fund agents, and lottery ticket agents were also exempted. However, other services that were previously exempt became taxable with the introduction of the Negative List, such as certain transportation and construction services. (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.

 

Service Tax
answers
Sort by
+ Add A New Reply
Hide
+ Add A New Reply
Hide
Recent Articles