Voluntary Compliance Encouragement Scheme’ Proposed to Motivate Defaulters to File Service tax Returns and Pay Dues Two More Services included in the Negative list for Service Tax All Air Conditioned Restaurants to Come under Service Tax Net https://www.taxtmi.com/news?id=4857 A one time Voluntary Compliance Encouragement Scheme permits registered service tax defaulters to file truthful declarations and pay outstanding dues in one or two instalments by prescribed dates with waiver of interest, penalty and related consequences. Concurrently, two services are added to the negative list, copyright exemption for cinematography is limited to cinema hall exhibition, all air conditioned restaurants will be taxed uniformly, and the abatement for large homes and flats is reduced while low cost housing and single residential units remain exempt. en-us Thu, 28 Feb 2013 14:29:57 +0530 Thu, 28 Feb 2013 14:29:57 +0530 TaxTMI RSS Generator Voluntary Compliance Encouragement Scheme’ Proposed to Motivate Defaulters to File Service tax Returns and Pay Dues Two More Services included in the Negative list for Service Tax All Air Conditioned Restaurants to Come under Service Tax Net https://www.taxtmi.com/news?id=4857 A one time Voluntary Compliance Encouragement Scheme permits registered service tax defaulters to file truthful declarations and pay outstanding dues in one or two instalments by prescribed dates with waiver of interest, penalty and related consequences. Concurrently, two services are added to the negative list, copyright exemption for cinematography is limited to cinema hall exhibition, all air conditioned restaurants will be taxed uniformly, and the abatement for large homes and flats is reduced while low cost housing and single residential units remain exempt. News - Thu, 28 Feb 2013 14:29:57 +0530 https://www.taxtmi.com/news?id=4857