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    <title>Budget 2007 - Service Tax – Changes in Procedures</title>
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    <description>Immediate changes: original registration certificate no longer required for amendment; a self certified copy suffices and the department will cancel the earlier original when issuing an amended certificate. Self adjustment of excess service tax is permitted under conditions excluding disputes on law, taxability, classification, valuation or exemptions, limited to adjustments in the succeeding period and subject to intimation to the Superintendent; centralised registration allows broader self adjustment for branch payment delays. A revised ST 3 may be filed within a short prescribed period. From the later effective date, reverse charge on sponsorship services applies only if the recipient is located in India and registration thresholds have been raised by amended notifications.</description>
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    <pubDate>Wed, 28 Feb 2007 12:38:00 +0530</pubDate>
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      <description>Immediate changes: original registration certificate no longer required for amendment; a self certified copy suffices and the department will cancel the earlier original when issuing an amended certificate. Self adjustment of excess service tax is permitted under conditions excluding disputes on law, taxability, classification, valuation or exemptions, limited to adjustments in the succeeding period and subject to intimation to the Superintendent; centralised registration allows broader self adjustment for branch payment delays. A revised ST 3 may be filed within a short prescribed period. From the later effective date, reverse charge on sponsorship services applies only if the recipient is located in India and registration thresholds have been raised by amended notifications.</description>
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      <pubDate>Wed, 28 Feb 2007 12:38:00 +0530</pubDate>
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