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TMI BlogClarification regarding leviability of service tax in respect of services provided by arbitral tribunal and members of such tribunalX X X X Extracts X X X X X X X X Extracts X X X X ..... Principal Chief Commissioners of Customs and Central Excise(All) Principal Chief Commissioners of Central Excise Service Tax (All) Principal Director Generals of Goods and Service Tax/System/CEI Director General of Audit/Tax Payer Services, Principal Commissioners/ Commissioners of Customs and Central Excise (All) Principal Commissioners/Commissioners of Central Excise and Serv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mpt from services tax [ Entry 6(a) of Notification No. 25/2012 ST refers]. Arbitral tribunal has been assigned the same meaning in the exemption notification No. 25/2012 ST [paragraph 2(c) ] as in clause (d) of Section 2 of the Arbitration and Conciliation Act 1996, which is as follows:- arbitral tribunal means a sole arbitrator or a panel of arbitrators 2.2 In the Budget 2016-17, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... panel of arbitrators, to the arbitral tribunal is taxable under forward charge. However, this does not appear to be a correct interpretation of law. Any reference in Service Tax law to an arbitral tribunal necessarily includes the natural persons on the arbitral tribunal, by virtue of clause (d) of Section 2 of the Arbitration and Conciliation Act, 1996. Services are provided or agreed to be pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nowledge the receipt of this circular. 7. Trade Notice/ Public Notice to be issued. Difficulty if any, in the implementation of the circular should be brought to the notice of the Board. Hindi version would follow. Yours faithfully, (Abhishek Verma) Technical Officer (TRU) - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanag ..... X X X X Extracts X X X X X X X X Extracts X X X X
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