Amendment in Sec. 66F (1)

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..... Question - What are proposed amendment in Sec.66F (1) in Finance Bill 2015 ? - Reply By Admin TMI - The Reply = Section 66F (1) prescribes that unless otherwise specified, reference to a service .....

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..... shall not include reference to any input service used for providing such services. An illustration is being incorporated in this section to exemplify the scope of this provision. As illustrated, refe .....

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..... rence to service provided by the Reserve Bank of India (RBI), in section 66D (b) does not include any agency service provided by other banks to RBI, as such agency services are input services used b .....

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..... y RBI for provision of its main service. Accordingly, banks providing agency service to or in relation to services of RBI, are liable to pay Service Tax on the agency services so provided by virtue of .....

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..... the existing Section 66F (1) . - Amendment in Sec. 66F (1) - Query Started By: - Admin TMI Dated:- 1-3-2015 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, repl .....

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..... y post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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