TMI Blogtaxability of services rendered to transmissions CompanyX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir My client renders man power supply and construction service to Transmission companies. I am of the view that the said services are exempted under 11/2010-ST and 45/2010-ST . I request you to inform whether I am correct. - Reply By Naveed S - The Reply = Yes, you are absolutely correct, both the above said notification exempts the taxable service provided to any person, by any other pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rson for transmission of electricity, from the whole of service tax leviable thereon under section 66 of the said Finance Act . Further, the same also falls under the Negative List under the heading - Transmission or distribution of electricity. However, it would be advisable to study the definition of the term Transmission companies. Clarification by the :- ( Circular No. D. O ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . F. No 334/1/2012-TRU Dated: - March 16, 2012) 4.11.1 What is the meaning of electricity transmission or distribution utility? An electricity transmission or distribution utility has also been defined in section 65B of the act. It includes the following the Central Electricity Authority a State Electricity Board the Central Transmission Utility (CTU) a State Transmissio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Utility (STU) notified under the Electricity Act, 2003 (36 of 2003) a distribution or transmission licensee licensed under the said Act any other entity entrusted with such function by the Central or State Government. - Reply By sv bhasker - The Reply = Thank you Mr Naveed for quick reply. - taxability of services rendered to transmissions Company - Query Started By: - sv bhasker D ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ated:- 22-4-2012 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion 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
|