https://www.taxtmi.com/news?id=16022 Amendments clarify that service tax on assignment of spectrum is triggered when payments (full or under deferred payment) become due or are made, whichever is earlier; one time auction charges for assignment are exempted for past assignments, and input tax credit of service tax paid on such one time charges may be taken evenly over three years, while credit for spectrum user charges, licence fees and transfer fees is available in the year of payment. en-us Thu, 14 Apr 2016 18:38:31 +0530 Thu, 14 Apr 2016 18:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16022 Amendments clarify that service tax on assignment of spectrum is triggered when payments (full or under deferred payment) become due or are made, whichever is earlier; one time auction charges for assignment are exempted for past assignments, and input tax credit of service tax paid on such one time charges may be taken evenly over three years, while credit for spectrum user charges, licence fees and transfer fees is available in the year of payment. News - Thu, 14 Apr 2016 18:38:31 +0530 https://www.taxtmi.com/news?id=16022