https://www.taxtmi.com/manuals?id=87 Underwriter's services are taxable under section 65(105)(z): any service by an underwriter in relation to underwriting is a taxable service. The underwriter is defined by the SEBI Underwriters Rules, 1993 as one who engages in underwriting of securities; underwriting means agreement to subscribe to securities when subscriptions fall short. The recipient rule changed from a client to any person from mid May 2008. A CBEC circular withdraws earlier technical clarifications and consolidates guidance on scope, classification, valuation, exports, receipts from outside India and exemptions. en-us Sat, 19 Jan 2008 23:16:00 +0530 Sun, 25 Mar 2012 19:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=87 Underwriter's services are taxable under section 65(105)(z): any service by an underwriter in relation to underwriting is a taxable service. The underwriter is defined by the SEBI Underwriters Rules, 1993 as one who engages in underwriting of securities; underwriting means agreement to subscribe to securities when subscriptions fall short. The recipient rule changed from a client to any person from mid May 2008. A CBEC circular withdraws earlier technical clarifications and consolidates guidance on scope, classification, valuation, exports, receipts from outside India and exemptions. Manuals Service Tax Sat, 19 Jan 2008 23:16:00 +0530 https://www.taxtmi.com/manuals?id=87