Service Tax Law Update: Passenger Transportation Services Now Taxable from June 1, 2016, with Exemptions for Non-AC Contract Carriages.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Amendment of section 66D - service tax - service of transportation of passengers - these services will be omitted from the Negative List - These services become taxable with effect from 1.06.2016. subject to abatement - However, such services by a non-air-conditioned contract carriage will continue to be exempted by way of exemption notification [Notification No. 25/2012-ST, as amended by notification No. 09/2016-ST, dated 1st March, 2016 refers].....