https://www.taxtmi.com/article/detailed?id=6263 The Finance Act, 2015 postpones the operative increase in service tax rate and the levy of a Swachh Bharat Cess until a date notified later; meanwhile, enactment amends definitions to capture chit fund foremen and lottery agents, clarifies taxable input agency services and consideration, enables recovery of self assessed unpaid tax without prior notice, rationalises penalties into distinct regimes with transitional rules, and defers consequential rate, composition and negative list changes pending notification, raising open issues on credit and transitional adjustments. en-us Mon, 18 May 2015 07:27:38 +0530 Mon, 18 May 2015 07:27:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6263 The Finance Act, 2015 postpones the operative increase in service tax rate and the levy of a Swachh Bharat Cess until a date notified later; meanwhile, enactment amends definitions to capture chit fund foremen and lottery agents, clarifies taxable input agency services and consideration, enables recovery of self assessed unpaid tax without prior notice, rationalises penalties into distinct regimes with transitional rules, and defers consequential rate, composition and negative list changes pending notification, raising open issues on credit and transitional adjustments. Articles Service Tax Mon, 18 May 2015 07:27:38 +0530 https://www.taxtmi.com/article/detailed?id=6263