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 Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Government-Constructed Canals Exempt from Service Tax; Private Canals for Profit Are Taxable Under Finance Act Section 65.</h1> The circular addresses the applicability of service tax on canal construction by government agencies. It clarifies that under section 65 (25b) of the Finance Act, 1994, 'commercial or industrial construction service' is taxable if primarily used for commerce or industry. Government-constructed canals, not being commercial, are exempt from service tax. However, canals built by private entities for revenue generation are subject to tax. Additionally, construction activities for dams, irrigation projects, and similar infrastructure through turnkey or EPC mode are exempt from service tax under section 65 (105) (zzzza) of the Finance Act, 1994.
TaxTMI 
TaxTMI 
