https://www.taxtmi.com/article/detailed?id=6790 Introduction of reverse charge for services supplied by Government or Local Authority to business entities makes such supplies taxable to the recipient, with amendments clarifying valuation (including interest where payment is deferred), point of taxation for reverse charge, and Cenvat credit eligibility for service tax paid on assignment of right to use natural resources, accompanied by notifications and a circular explaining procedural and credit mechanics. en-us Wed, 20 Apr 2016 09:47:19 +0530 Wed, 20 Apr 2016 09:47:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6790 Introduction of reverse charge for services supplied by Government or Local Authority to business entities makes such supplies taxable to the recipient, with amendments clarifying valuation (including interest where payment is deferred), point of taxation for reverse charge, and Cenvat credit eligibility for service tax paid on assignment of right to use natural resources, accompanied by notifications and a circular explaining procedural and credit mechanics. Articles Service Tax Wed, 20 Apr 2016 09:47:19 +0530 https://www.taxtmi.com/article/detailed?id=6790