TMI BlogChanges Made in Service Tax - Rate of Tax / Exemptions through NotificationsX X X X Extracts X X X X X X X X Extracts X X X X ..... Changes Made in Service Tax - Rate of Tax / Exemptions through Notifications - Commentaries / Editorials Dated:- 1-3-2008 - News - Sr. No. Changes Effective Date 1 Works Contract (Composition Scheme for Payment of Service Tax) Rules, 2007 Composition rate increased from 2% to 4% 1-3-2008 2 Exemption of Small Service P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rovider Exemption limit has been increased from 8 lakh to 10 lakh 1-4-2008 3 Consequential changes have been made in registration of special category of persons and exemption from registration 4 75% exemption in case of GTA services Entry no. 6 in the notification no. 1/2006 has been deleted. Consequently a new ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... notification no. 13/2008 dated 1-3-2008 has been issued. 1-3-2008 5 Exemption to Hotels Notification no. 14/2008 issued to exempt: The taxable service provided by a person, having his place of business, fixed establishment, permanent address or usual place of residence, in a country other than India, and which is received by a hotel located in India, in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... relation to booking of an accommodation in the said hotel, for a customer, who has his place of business, fixed establishment, permanent address or usual place of residence, in a country other than India, from the whole of the service tax Explanation .- The expression "hotel" means a place that provides boarding and lodging facilities to public on commercial basis 1-3-2008 - News ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|