https://www.taxtmi.com/news?id=16023 Services by Government or a local authority to business entities were made taxable from 1 April 2016, capturing any activity for consideration where payment constitutes quid pro quo. Exemptions include services to government entities, passport/visa/driving licence and similar documents, low value services and an exemption for small assessees; allocation of natural resources to farmers, Panchayat functions and Twelfth Schedule municipal services are excluded. Taxes and cesses are not part of taxable value; fines, penalties and liquidated damages are not leviable; certain statutory registration and safety testing services are specifically exempted. en-us Thu, 14 Apr 2016 18:47:53 +0530 Thu, 14 Apr 2016 18:47:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16023 Services by Government or a local authority to business entities were made taxable from 1 April 2016, capturing any activity for consideration where payment constitutes quid pro quo. Exemptions include services to government entities, passport/visa/driving licence and similar documents, low value services and an exemption for small assessees; allocation of natural resources to farmers, Panchayat functions and Twelfth Schedule municipal services are excluded. Taxes and cesses are not part of taxable value; fines, penalties and liquidated damages are not leviable; certain statutory registration and safety testing services are specifically exempted. News - Thu, 14 Apr 2016 18:47:53 +0530 https://www.taxtmi.com/news?id=16023