https://www.taxtmi.com/article/detailed?id=6711 The Finance Bill, 2016 inserts Sections 101-103 to exempt specified construction-related taxable services provided to government entities and related bodies for defined past periods, mandates refunds of collected tax with six-month claim windows, and conditions airport/port relief on ministerial contract certification. It amends definitions to broaden taxable services by removing certain negative entries, adds spectrum assignment as a declared service, clarifies the timing for rate determination, extends limitation periods for recovery, permits alternate interest rates for unremitted collected tax, deems certain proceedings concluded by explanation, increases penalty thresholds and minimum imprisonment, and withdraws specified arrest powers. en-us Tue, 01 Mar 2016 13:34:34 +0530 Tue, 01 Mar 2016 13:34:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6711 The Finance Bill, 2016 inserts Sections 101-103 to exempt specified construction-related taxable services provided to government entities and related bodies for defined past periods, mandates refunds of collected tax with six-month claim windows, and conditions airport/port relief on ministerial contract certification. It amends definitions to broaden taxable services by removing certain negative entries, adds spectrum assignment as a declared service, clarifies the timing for rate determination, extends limitation periods for recovery, permits alternate interest rates for unremitted collected tax, deems certain proceedings concluded by explanation, increases penalty thresholds and minimum imprisonment, and withdraws specified arrest powers. Articles Service Tax Tue, 01 Mar 2016 13:34:34 +0530 https://www.taxtmi.com/article/detailed?id=6711