Definition of Government

[Admin TMI]

Question - What are proposed definition of Government in Finance Bill 2015 ?

[Admin TMI]

Services, excluding few specified services, provided by the government have been included in the Negative List. Further, specified services received by the government are also exempt. Hitherto, the term “government” has not been defined in the Act or the notification. This has given rise to interpretational issues. To address such issues, a definition of the term “government” is being incorporated in the Act.

AI Summary

Finance Bill 2015 to Define 'Government' for Service Tax Clarity; Exemptions and Negative List Explained A query was raised about the proposed definition of 'government' in the Finance Bill 2015 concerning service tax. The response clarified that services provided by the government, excluding a few specified ones, are part of the Negative List, and certain services received by the government are exempt. Previously, the term 'government' was undefined in the Act, leading to interpretational issues. To resolve these, a definition is being incorporated into the Act.