https://www.taxtmi.com/article/detailed?id=6123 Finance Bill 2015 amends the Service Tax regime by staging changes: effective 1 March 2015 it moves tax liability to aggregators for branded services, updates Service Tax Rules and Cenvat invoice requirements, rescinds a notification, and extends advance rulings to resident firms. Effective 1 April 2015 it rationalizes and adds targeted exemptions, revises abatement rates, expands reverse charge liabilities for manpower, security and specified agents, and allows recipients to take Cenvat credit on partial reverse charge upon payment. The Bill also revises definitions, procedural provisions and contemplates a new rate and a separate cess to be notified after enactment. en-us Mon, 02 Mar 2015 13:59:33 +0530 Mon, 02 Mar 2015 16:05:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6123 Finance Bill 2015 amends the Service Tax regime by staging changes: effective 1 March 2015 it moves tax liability to aggregators for branded services, updates Service Tax Rules and Cenvat invoice requirements, rescinds a notification, and extends advance rulings to resident firms. Effective 1 April 2015 it rationalizes and adds targeted exemptions, revises abatement rates, expands reverse charge liabilities for manpower, security and specified agents, and allows recipients to take Cenvat credit on partial reverse charge upon payment. The Bill also revises definitions, procedural provisions and contemplates a new rate and a separate cess to be notified after enactment. Articles Service Tax Mon, 02 Mar 2015 13:59:33 +0530 https://www.taxtmi.com/article/detailed?id=6123