https://www.taxtmi.com/circulars?id=12088 Amendments expand negative list definitions and adjust assessment and penalty provisions: widening vocational-course and manufacturing-process definitions, deleting a limiting word to broaden agricultural testing exemptions, allowing determination of demand for an eighteen-month period when extended-period grounds fail, capping a specified penalty, introducing director-level penalties for willful offences, and restructuring cognizability and bailability of certain offences. Exemptions are narrowed and harmonised, abatement for construction services is reduced, advance ruling eligibility is extended to resident public limited companies, and a Voluntary Compliance Encouragement Scheme (VCES) offers staged settlement with immunity subject to exclusions; key changes commence on enactment or specified effective dates. en-us Thu, 28 Feb 2013 00:00:00 +0530 Fri, 01 Mar 2013 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=12088 Amendments expand negative list definitions and adjust assessment and penalty provisions: widening vocational-course and manufacturing-process definitions, deleting a limiting word to broaden agricultural testing exemptions, allowing determination of demand for an eighteen-month period when extended-period grounds fail, capping a specified penalty, introducing director-level penalties for willful offences, and restructuring cognizability and bailability of certain offences. Exemptions are narrowed and harmonised, abatement for construction services is reduced, advance ruling eligibility is extended to resident public limited companies, and a Voluntary Compliance Encouragement Scheme (VCES) offers staged settlement with immunity subject to exclusions; key changes commence on enactment or specified effective dates. Circulars Service Tax Thu, 28 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=12088