https://www.taxtmi.com/acts?id=12121 The Bill expands the scope of service tax by redefining key terms and expressly taxing additional services including motor vehicle repair-related services, life insurance, club services, legal advisory and representational services to business entities, arbitration services, services by clinical establishments and doctors, air-conditioned restaurant services, and short-term hotel accommodation. It revises compliance charges and penalties-raising late fees, rationalising penalties for suppressed value with conditional reductions, reducing maximum penalty for non-payment, allowing mitigation and concessional interest for certain providers-and introduces prosecution provisions and transitional rulemaking and refund mechanisms. en-us Mon, 07 Mar 2011 12:55:01 +0530 Fri, 11 Mar 2011 15:16:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12121 The Bill expands the scope of service tax by redefining key terms and expressly taxing additional services including motor vehicle repair-related services, life insurance, club services, legal advisory and representational services to business entities, arbitration services, services by clinical establishments and doctors, air-conditioned restaurant services, and short-term hotel accommodation. It revises compliance charges and penalties-raising late fees, rationalising penalties for suppressed value with conditional reductions, reducing maximum penalty for non-payment, allowing mitigation and concessional interest for certain providers-and introduces prosecution provisions and transitional rulemaking and refund mechanisms. Act-Rules Bills Mon, 07 Mar 2011 12:55:01 +0530 https://www.taxtmi.com/acts?id=12121