https://www.taxtmi.com/article/detailed?id=7093 Declared services are a statutory deeming device under the Finance Act, 1994 whereby specified activities (including renting of immovable property, construction of complexes or buildings subject to completion certificate exceptions, temporary transfer of intellectual property rights, IT software services, agreements to abstain or tolerate acts, hire/lease/licence transfers without transfer of right to use, hire purchase deliveries, and service portions of works contracts and food/drink supply activities) are treated as services for taxation. The Model GST Act reframes taxation on the basis of supply and maps most of these declared services into Schedule II as supplies of service, while certain items are not reproduced. en-us Tue, 22 Nov 2016 11:06:07 +0530 Tue, 22 Nov 2016 11:06:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7093 Declared services are a statutory deeming device under the Finance Act, 1994 whereby specified activities (including renting of immovable property, construction of complexes or buildings subject to completion certificate exceptions, temporary transfer of intellectual property rights, IT software services, agreements to abstain or tolerate acts, hire/lease/licence transfers without transfer of right to use, hire purchase deliveries, and service portions of works contracts and food/drink supply activities) are treated as services for taxation. The Model GST Act reframes taxation on the basis of supply and maps most of these declared services into Schedule II as supplies of service, while certain items are not reproduced. Articles Service Tax Tue, 22 Nov 2016 11:06:07 +0530 https://www.taxtmi.com/article/detailed?id=7093