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Negative list based levy introduced; service tax regime revised after enactment and issuance of implementing notifications. The notice announces the introduction of a negative list based levy for service tax pursuant to the Finance Act 2012, states that the Central Government has appointed a commencement date for the new levy scheme, notes issuance of multiple implementing notifications, and requests trade associations to publicise the contents and enclosed enactment provisions and notifications.
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Negative list based levy introduced; service tax regime revised after enactment and issuance of implementing notifications.
The notice announces the introduction of a negative list based levy for service tax pursuant to the Finance Act 2012, states that the Central Government has appointed a commencement date for the new levy scheme, notes issuance of multiple implementing notifications, and requests trade associations to publicise the contents and enclosed enactment provisions and notifications.
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