https://www.taxtmi.com/article/detailed?id=6770 Classification of government assignment of radio frequency spectrum as a taxable service permits service tax on spectrum grants and transfers; CENVAT credit on such tax is to be deferred over licence duration and the Bill proposes amortization of spectrum fees instead of tax depreciation, altering tax relief timing and creating cash flow and litigation risks. Reverse charge makes recipients liable for tax on government services, and a retrospective tax dispute resolution scheme allows payment of arrears in lieu of interest. en-us Wed, 06 Apr 2016 08:35:25 +0530 Wed, 06 Apr 2016 08:35:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6770 Classification of government assignment of radio frequency spectrum as a taxable service permits service tax on spectrum grants and transfers; CENVAT credit on such tax is to be deferred over licence duration and the Bill proposes amortization of spectrum fees instead of tax depreciation, altering tax relief timing and creating cash flow and litigation risks. Reverse charge makes recipients liable for tax on government services, and a retrospective tax dispute resolution scheme allows payment of arrears in lieu of interest. Articles Budget - Tax Proposals Wed, 06 Apr 2016 08:35:25 +0530 https://www.taxtmi.com/article/detailed?id=6770