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 Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Exempts Tech Imports from Service Tax with Conditions; Effective July 1, 2012, per Notification No. 14/2012.</h1> The Government of India, through Notification No. 14/2012, exempts the import of technology from service tax to the extent of the cess payable on such imports, effective from July 1, 2012. This exemption applies under the condition that the Research and Development Cess is paid within six months from the invoice date or credit entry in the books for associated enterprises. Additionally, records must be maintained to establish a link between the invoice or credit entry and the cess payment. This notification is issued under the authority of the Finance Act, 1994, and is effective upon the commencement of section 66B of the Act.
TaxTMI 