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TMI BlogService Tax Union Budget for the Financial Year 2000-2001 Changes in respect of Service TaxX X X X Extracts X X X X X X X X Extracts X X X X ..... of Service Tax, and the Government has decided to constitute an Experts Committee to go into the entire gamut of issues pertaining to this tax. Nevertheless, a few changes have been brought about which would require necessary action by all Commissionerates. 3.1. Notification No. 2/2000-S.T., dated 1-3-2000 has been issued providing full exemption to the taxable services in respect of Mechanised Slaughter Houses. As such, mechanised slaughter houses are not required to pay any Service Tax, w.e.f, 1-3-2000 and any such establishments registered in your jurisdiction may be allowed to cancel their registrations. 3.2. The services provided by the 'Tour Operators', and 'Rent-a-Cab Scheme Operators' are presently exempted from payment of Servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Service Tax, irrespective of number of vehicles engaged by him in providing this service. 3.2.3 The definition of "Tour Operators" is provided in Section 65(52) of the Finance Act, 1994. The revised definition provides that any person engaged in the business of operating tours in a tourist vehicle, covered by a permit granted under the Motor Vehicle Act, 1988 or Rules made thereunder, would be treated as a Tour Operator. Consequently, 'non-permit holder', who operate as Tour Operator by using vehicle which may have been leased or hired from persons who hold tourist permit, are also covered under the definition of a Tour Operator and are liable to pay Service Tax. 3.2.4 The changes mentioned above were of little practical significance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with Clause 113 seeks to deal with the situation arising from the judgment of the Hon'ble Supreme Court. It is also provided that no consequential refunds shall be admissible. Further, wherever, such refunds have already been granted the amounts so refunded shall become liable to be recovered once the Finance Act, 2000 receives Presidential assent. If the refund granted is not repaid within a month from the enactment of the Finance Act, 2000, the same shall be recoverable alongwith a interest @24% p.a. 3.3.2 In view of the provisions made under clauses 112 113, the Ministry has indicated that no refund of Service Tax needs to be made in terms of the said judgement or any other judgment of any other court. As such, the instructions issu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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