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    Infrastructure Cess imposed on motor vehicles under heading 8703, effective March 1, 2016, per Provisional Collection of Taxes Act.
    Krishi Kalyan Cess of 0.5% on all taxable services effective June 1, 2016; input credit available for service providers.
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    Retrospective Exemption from Service Tax for Government Construction Services u/s 102, Effective April 1, 2015.
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    Finance Act 1994, Section 93A Amended to Allow Rebates via Notifications and Rules.
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    Service Tax Recovery Time Extended: Section 73 Amendment Increases Limitation from 18 Months to 30 Months for Non-Fraud Cases.
    Amendment to Section 67A aims to enhance rule-making powers for Point of Taxation Rules, 2011.
    Amendment to Finance Act 1994: Government's radio-frequency spectrum assignments classified as service, subject to service tax.
    Section 66D Amendment: Specified Educational Services Removed from Negative List, Still Exempt via Notification No. 25/2012-ST.
    Service Tax Law Update: Passenger Transportation Services Now Taxable from June 1, 2016, with Exemptions for Non-AC Contract Carriages.
    Service Tax Amendment: Changes to Section 66D Affect Transportation of Goods by Aircraft and Vessel from Outside India.
    Section 65B Amended: "Approved Vocational Education Course" Definition Removed; Entry Shifted to Mega Exemption Notification.
    Amendment to Service Tax Act: Lottery Distributors' Activities for State Government Now Taxable u/s 65B(44).
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      BCD exemption extended until 31st March 2026 for goods covered...

      Customs Duty Exemptions Extended for Motion Picture Software, Fuel Cell Machinery, and More Until 2029.

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      BillJuly 27, 2024Notes
      BCD exemption extended until 31st March 2026 for goods covered in notifications relating to motion picture/gaming software, machinery for fuel cell/non-conventional power plants, castor oil cake from SEZs, artworks/antiques, precious stones on approval basis, copper cathodes/wire bars, gold/silver from copper anode slime, goods for export orders. BCD exemption extended until 31st March 2029 for goods exported for display, warranty replacements, foodstuffs/gifts for foreigners, firearms for shooters, relief goods, aids for blind/deaf, repair goods, defense/security imports, R&D equipment, semiconductor wafer machinery, aircraft parts, artworks/antiques, medicines under patient assistance programs, IT/electronics goods. End dates removed for exemptions on specified goods under Central Excise Act, effective additional duty rates for Chapter 27 goods, instructional materials, pedagogic materials.

      Topics

      ActsIncome Tax