https://www.taxtmi.com/news?id=2940 Circulars and explanatory notes issued for Budget 2012-2013 clarify application and administrative implementation of changes proposed to Service Tax, Central Excise and Customs. A draft guidance paper on the negative list for Service Tax explains which activities remain outside the levy and transitional treatment where Budget measures alter coverage. The documents set out procedural directions for classification, valuation, enforcement and taxpayer compliance pending further notifications. en-us Fri, 16 Mar 2012 23:25:24 +0530 Sat, 12 May 2012 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2940 Circulars and explanatory notes issued for Budget 2012-2013 clarify application and administrative implementation of changes proposed to Service Tax, Central Excise and Customs. A draft guidance paper on the negative list for Service Tax explains which activities remain outside the levy and transitional treatment where Budget measures alter coverage. The documents set out procedural directions for classification, valuation, enforcement and taxpayer compliance pending further notifications. News - Fri, 16 Mar 2012 23:25:24 +0530 https://www.taxtmi.com/news?id=2940