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Definition of Service, Service Tax

Issue Id: - 108150
Dated: 1-3-2015
By:- Admin TMI

Definition of Service

Contents

Question - What are proposed change in definition of service in Finance Bill 2015 ?

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Showing Replies 1 to 1 of 1 Records

Page: 1

1 Dated: 1-3-2015
By:- Admin TMI

The intention in law has been to levy Service Tax on the services provided by:

(i) chit fund foremen by way of conducting a chit.

(ii) distributors or selling agents of lottery, as appointed or authorized by the organizing state for promoting, marketing, distributing, selling, or assisting the state in any other way for organizing and conducting a lottery.

However, Courts have taken a contrary view in some cases, while in some cases the levy has been upheld.

An Explanation is being inserted in the definition of “service” to specifically state the intention of the legislature to levy service tax on activities undertaken by chit fund foremen in relation to chit, and distributors or selling agents of lottery in relation to lotteries.

Page: 1