Tax base broaden by extending the levy of service tax to all forms of advertising except print media.

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..... as the said Act]. 1.2 In view of the enactment, clauses (D) to (L) of section 114 of the said Act have already come into force. In respect of clauses (A) to (C), the appointed date will be 1st October, 2014 [Notification No. 18/2014-ST]. 1.3 Broadening of the tax base by extension of service tax levy to all forms of advertising except print media [as defined in section 65B (39a) of the Finance .....

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..... ritory will be based on generally accepted accounting principles. 1.5 Now, vide amended section 94 of the Finance Act, 1994, rule making powers have been specified-- (i) to impose upon persons liable to pay service tax, inter alia, the duty of furnishing information, keeping records and making returns and the manner in which they shall be verified; (ii) for withdrawal of facilities or impositio .....

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