Replacing existing system of taxation of services based on specified description of services with a new system of taxation, wherein all services except those which are in negative list would be covered under the purview of service tax net
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Negative list taxation expands service tax coverage; new service providers must register with designated ranges and existing registrants may add services. Section 143 of the Finance Act 2012 adopts a negative list regime covering all services except those excluded, creating new registration obligations. New service providers must register with the Service Tax Range designated for their geographic area as listed; existing registrants remain in their current Range and may add newly taxable services via their jurisdictional Range officer.
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Provisions expressly mentioned in the judgment/order text.
Negative list taxation expands service tax coverage; new service providers must register with designated ranges and existing registrants may add services.
Section 143 of the Finance Act 2012 adopts a negative list regime covering all services except those excluded, creating new registration obligations. New service providers must register with the Service Tax Range designated for their geographic area as listed; existing registrants remain in their current Range and may add newly taxable services via their jurisdictional Range officer.
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