https://www.taxtmi.com/news?id=12997 Service Tax amendments implement Budget 2014-15 changes: resident private limited companies specified for advance rulings; amendments to Place of Provision of Services and Point of Taxation rules; updates to determination of value and prescribed interest for late payment; changes to reverse charge notifications, abatement rates, and exemptions including SEZ authorised operations; and modification of the mega exemption notification. A circular clarifies distribution of common input service credit under rule 7(d) of the Cenvat Credit Rules, 2004, and a departmental communication consolidates the Budget changes. en-us Thu, 10 Jul 2014 18:28:28 +0530 Thu, 10 Jul 2014 19:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12997 Service Tax amendments implement Budget 2014-15 changes: resident private limited companies specified for advance rulings; amendments to Place of Provision of Services and Point of Taxation rules; updates to determination of value and prescribed interest for late payment; changes to reverse charge notifications, abatement rates, and exemptions including SEZ authorised operations; and modification of the mega exemption notification. A circular clarifies distribution of common input service credit under rule 7(d) of the Cenvat Credit Rules, 2004, and a departmental communication consolidates the Budget changes. News - Thu, 10 Jul 2014 18:28:28 +0530 https://www.taxtmi.com/news?id=12997