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 Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Service Tax Exemption on Pre-April 2016 Natural Resource Rights: One-Time Charges Only, Not Periodic Payments</h1> The exemption of service tax on the assignment of rights to use natural resources by the government or local authorities before April 1, 2016. It specifies that the exemption applies only to one-time charges, either paid upfront or in installments, and not to periodic payments like spectrum user charges or royalties. Amendments to the Point of Taxation Rules, 2011, and CENVAT Credit Rules, 2004, are detailed, affecting the timing and manner of service tax payments and credit availment. The document also clarifies the valuation of services and the inclusion of interest on deferred payments in taxable value.
TaxTMI 
TaxTMI 
