TaxTMI 
TaxTMI 
Question - What are amendments proposed in Negative list in service tax in Finance Bill 2015 ?
Broadening of tax base - Review of the Negative List
01 Mar 2015 
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Service tax expansion: access to amusement facilities and paid entertainment admissions now taxable, with specified exemptions.
Service tax scope is widened by removing specific Negative List entries: access to amusement facilitys and admission to paid entertainment events will be taxable (with specified exemptions preserved by notification). The carve-out for processes amounting to manufacture is narrowed to exclude alcoholic liquor production, subjecting contract manufacturing for potable liquor to service tax. Government or local authority services to business entities are removed from the Negative List by omitting the support service concept, making such services taxable unless specifically exempted; operative dates are to be notified. (AI Summary)
Service tax scope is widened by removing specific Negative List entries: access to amusement facilitys and admission to paid entertainment events will be taxable (with specified exemptions preserved by notification). The carve-out for processes amounting to manufacture is narrowed to exclude alcoholic liquor production, subjecting contract manufacturing for potable liquor to service tax. Government or local authority services to business entities are removed from the Negative List by omitting the support service concept, making such services taxable unless specifically exempted; operative dates are to be notified. (AI Summary)