TMI BlogService Tax on Mutual FundX X X X Extracts X X X X X X X X Extracts X X X X ..... Service Tax on Mutual Fund X X X X Extracts X X X X X X X X Extracts X X X X ..... lable to the Mutual Fund Agents or Distributors under mega exemption and what about Mutual Fund, Are they exempt from service or there is any logic behind the exemption to the Mutual Fund. if there ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is any proviso or notification or circular regarding the taxability of Mutual Fund, then please let me know. Thanking you. Reply By Rama Krishana: The Reply: W.e.f. 1.4.2015 the exemption as above ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... has been withdrawn. See Clarification dated 1.3.2015. Regarding Taxability, under the scope of negative list era, all services are taxable unless specifically excluded by way of negative list, exempt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ions etc. X X X X Extracts X X X X X X X X Extracts X X X X
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