Amendment in Notification No. 30/2012-Service Tax, dated the 20th June, 2012 - Notification under sub-section (2) of section 68 - Reverse Charge - Insertion of certain sub-clauses and substitution of certain entries - 07/2015 - Service Tax

Reverse charge obligations expanded to mutual fund distributors, lottery agents, and services involving aggregators with recipients liable.

Amendment places specified services-those by mutual fund agents or distributors to mutual funds or asset managers, by selling or marketing agents of lottery tickets to distributors or selling agents, and any service involving an aggregator-under the reverse charge mechanism. The Table is amended so the service provider column is Nil and the recipient/other person bears the tax liability at the full specified percentage. Certain wording is omitted from an existing entry and varied effective dates are prescribed, with a general commencement date for the notification.