EIGHT NEW SERVICES WILL BE TAXED UNDER SERVICE TAX FROM 1 JULY 2010

Service tax department issued a circular stating that eight new services will be taxed under service tax act. full circular as well as the eight new services are as follows.

CBEC has notified 8 new taxable Services w.e.f. 1.7.2010 vide Notification No.24/2010-Service Tax dated 22.6.2010. 
The following are the new taxable Services introduced w.e.f. from 1.7.2010.



1. Games of chance   (zzzzn)
2  Health services      (zzzzo)
3  Maintenance of medical records  (zzzzp)
4  Promotion of a ‘brand’ of goods, services, events, business entity etc.   (zzzzq)
5  Commercial use or exploitation of any event organized by a person or organization   (zzzzr)
6  Electricity Exchange Service   (zzzzs)
7  Copyrights on Cinematographic films and sound recording   (zzzzt)
8  Providing of preferential location or external / internal development of complexes  (zzzzu)
Share on Google Plus

About Nitin Aggarwal

    Blogger Comment
    Facebook Comment

0 comments:

Post a Comment