https://www.taxtmi.com/article/detailed?id=6825 A Krishi Kalyan Cess (KKC) of 0.5% is imposed on the value of all taxable services from June 1, 2016, increasing the effective service tax burden; cenvat credit of KKC on input services is intended to be allowed for payment of the cess on output services, though consequential amendments to the Cenvat Credit Rules, 2004 are required. Concurrently, amendments to the negative list and exemption notifications alter the taxable treatment of certain passenger and goods transportation services, and an Indirect Tax Dispute Resolution Scheme is introduced for a limited period to settle specified pending disputes. en-us Wed, 18 May 2016 05:56:38 +0530 Wed, 18 May 2016 05:56:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6825 A Krishi Kalyan Cess (KKC) of 0.5% is imposed on the value of all taxable services from June 1, 2016, increasing the effective service tax burden; cenvat credit of KKC on input services is intended to be allowed for payment of the cess on output services, though consequential amendments to the Cenvat Credit Rules, 2004 are required. Concurrently, amendments to the negative list and exemption notifications alter the taxable treatment of certain passenger and goods transportation services, and an Indirect Tax Dispute Resolution Scheme is introduced for a limited period to settle specified pending disputes. Articles Service Tax Wed, 18 May 2016 05:56:38 +0530 https://www.taxtmi.com/article/detailed?id=6825