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    <title>SERVICE TAX: ANALYSIS OF CHANGES APPLICABLE WITH ENACTMENT OF FINANCE BILL 2015</title>
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    <description>Finance Act, 2015 expands taxable services and revises key definitions and valuation: it defines Government, clarifies that services by chit fund foremen and lottery distributors are taxable, instructs that reimbursable expenditure and amounts retained by lottery agents form part of consideration, revises alternative presumptive rates alongside an increased general service tax rate, and removes certain Negative List entries so that specified entertainment, amusement, government-to-business support services and contract manufacturing of potable liquor become taxable unless expressly exempted.</description>
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    <pubDate>Sat, 16 May 2015 06:24:23 +0530</pubDate>
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      <description>Finance Act, 2015 expands taxable services and revises key definitions and valuation: it defines Government, clarifies that services by chit fund foremen and lottery distributors are taxable, instructs that reimbursable expenditure and amounts retained by lottery agents form part of consideration, revises alternative presumptive rates alongside an increased general service tax rate, and removes certain Negative List entries so that specified entertainment, amusement, government-to-business support services and contract manufacturing of potable liquor become taxable unless expressly exempted.</description>
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