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    <title>BUDGET CHANGES IN NEGATIVE LIST - PART III</title>
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    <description>Finance Bill, 2015 inserts explanations into the definition of service and the negative list to exclude activities by lottery distributors, selling agents and chit fund foremen from being treated as transactions in money or actionable claims; these activities - promotion, marketing, organising, selling or facilitating lotteries and conducting chits - are thereby made chargeable to Service Tax, with consideration including amounts retained or discounts received by distributors or agents.</description>
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