Union Budget 2014(Interim): changes in Service Tax

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..... Delhi, dated February 17, 2014. Dear Madam/Sir, Subject: Union Budget 2014(Interim): changes in Service Tax - reg. In the Interim Union Budget, in Service Tax, two amendments have been made in notification number 25/2012-ST dated June 20, 2012 : 1.1 Handling, storage or warehousing of rice : The definition of agricultural produce in section 65B(5) of the Finance Act, 1994 , l .....

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..... or by a Goods Transport Agency by way of transport in a goods carriage, is exempt as per sl.nos. 20(i) and 21(d) of Notification 25/2012-ST. 1.3 Milling of rice: In the same circular referred above in para 1.2, it is also clarified that milling of paddy into rice carried out as job work is covered by the exemption at sl.no.30 of notification 25/2012-ST , since such milling of paddy into ri .....

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..... .M.Kennedy, Director, TRU at [email protected] Sincere regards, Yours sincerely (M. Vinod Kumar) To: All Chief Commissioners/ Directors General All Commissioners of Service Tax All Commissioners of Central Excise - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - .....

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