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    <title>SERVICE TAX - Changes effective from 14th May, 2016</title>
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    <description>Amendments effective 14 May 2016 change service tax compliance and substantive scope: differentiated interest for collected-but-unremitted tax, an Indirect Tax Dispute Resolution Scheme for closing appeal cases with payment and limited penalty, mandatory annual returns with prescribed deadlines and capped late penalties, taxation of lottery distribution and spectrum assignment transfers, extended limitation for non-fraud recoveries, retrospective refunds and restored exemptions for specified public works and airports/ports contracts, migration of certain educational services into an exemption notification, and tightened procedural enforcement including revised rule-making, complaint thresholds, arrest conditions, rebate powers and penalty closure provisions.</description>
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    <pubDate>Thu, 19 May 2016 07:39:53 +0530</pubDate>
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      <title>SERVICE TAX - Changes effective from 14th May, 2016</title>
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      <description>Amendments effective 14 May 2016 change service tax compliance and substantive scope: differentiated interest for collected-but-unremitted tax, an Indirect Tax Dispute Resolution Scheme for closing appeal cases with payment and limited penalty, mandatory annual returns with prescribed deadlines and capped late penalties, taxation of lottery distribution and spectrum assignment transfers, extended limitation for non-fraud recoveries, retrospective refunds and restored exemptions for specified public works and airports/ports contracts, migration of certain educational services into an exemption notification, and tightened procedural enforcement including revised rule-making, complaint thresholds, arrest conditions, rebate powers and penalty closure provisions.</description>
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