Import of Services

Import of Services

Taxation of Services (Provided from Outside India and Received in India) Rules, 2006 In exercise of the powers conferred by sections 93 and 94 read with section 66A of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further … Continue Reading →
Abatement in Service Tax

Abatement in Service Tax

Abatement in Service Tax Notified Abatements for Determining the Taxable Value of Services Notification 26/2012-ST dt.20-6-2012   S. No. Description of taxable service Taxable Value in % Conditions (1) (2) (3) (4) 1 Services in relation to financial leasing including hire purchase 10 Nil 2 … Continue Reading →