https://www.taxtmi.com/article/detailed?id=2049 Union Budget 2013 revises service tax definitions in the negative list, narrows exemptions in the mega exemption list, introduces a Voluntary Compliance Encouragement Scheme providing immunity on truthful declarations for a fixed historical period, extends Advance Ruling benefits to resident public limited companies, clarifies CENVAT recovery where inputs or capital goods are removed or written off, amends customs duties and classifications including concessions for hybrid/electric vehicle parts and lithium-ion battery inputs, and adjusts excise exemptions and rates for selected goods. en-us Fri, 01 Mar 2013 10:22:34 +0530 Wed, 13 Mar 2013 12:53:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2049 Union Budget 2013 revises service tax definitions in the negative list, narrows exemptions in the mega exemption list, introduces a Voluntary Compliance Encouragement Scheme providing immunity on truthful declarations for a fixed historical period, extends Advance Ruling benefits to resident public limited companies, clarifies CENVAT recovery where inputs or capital goods are removed or written off, amends customs duties and classifications including concessions for hybrid/electric vehicle parts and lithium-ion battery inputs, and adjusts excise exemptions and rates for selected goods. Articles Service Tax Fri, 01 Mar 2013 10:22:34 +0530 https://www.taxtmi.com/article/detailed?id=2049