https://www.taxtmi.com/article/detailed?id=6103 The Budget broadens the service tax base and revises charging rules: the consolidated tax rate is raised and a Swachh Bharat Cess power introduced; the Negative List is narrowed to bring admissions to amusement facilities, manufacture-related processes for alcoholic liquor, chit funds and lottery distribution, and most government-to-business services into the tax net. Reimbursable expenditures are included in taxable value; partial reverse charge provisions (including manpower and security services) move to full reverse charge and aggregators may be liable. Penalty, recovery, exemption, abatement and Cenvat credit rules are also amended to align compliance and credit timings. en-us Sun, 01 Mar 2015 16:56:59 +0530 Mon, 02 Mar 2015 12:32:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6103 The Budget broadens the service tax base and revises charging rules: the consolidated tax rate is raised and a Swachh Bharat Cess power introduced; the Negative List is narrowed to bring admissions to amusement facilities, manufacture-related processes for alcoholic liquor, chit funds and lottery distribution, and most government-to-business services into the tax net. Reimbursable expenditures are included in taxable value; partial reverse charge provisions (including manpower and security services) move to full reverse charge and aggregators may be liable. Penalty, recovery, exemption, abatement and Cenvat credit rules are also amended to align compliance and credit timings. Articles Service Tax Sun, 01 Mar 2015 16:56:59 +0530 https://www.taxtmi.com/article/detailed?id=6103