Notes on clauses - Service Tax

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... iations; (iv) (a) services provided by a business entity to individuals in relation to advice, consultancy or assistance in any branch of law; (b) representational service before a judicial or quasi-judicial authority provided by any person to a business entity; (c) include arbitration service provided to any business entity by a arbitral tribunal; (v) services provided by clinical establishments and doctors of such establishments; (vi) services provided by air-conditioned restaurants also having licence to serve alcoholic beverages; (vii) service relating to providing of short-term accommodation by hotels and similar establishments; Sub-clause (B) seeks to amend section 66 of the said Act, inter alia, to specify the foll .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cases of certain specified offences for which penalty is not specifically provided in the Act; Sub-clause (I) seeks to substitute a new section for section 78 relating to penalty for suppressing, etc., of value of taxable services with a view to rationalise penalty in the case of serious offences, as equal to tax evaded. The proposed section 78 provides that in case of certain specified offences penalty will be fifty per cent. and if such penalty is paid along with service tax and interest, within thirty days from the date of order, penalty will be further reduced to twenty-five per cent. and for specified category of service providers, ninety days from the date of order will be available for settling the tax dues, penalty and interest; .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f any taxable service incorporated by the proposed legislation in this Chapter, up to one year from the date of enactment of the Finance Bill, 2011. Sub-clause (P) seeks to insert a new section 96J in the Finance Act, 1994. Under the existing provision of section 66 in respect of, any service provided or to be provided to its members by any club or association in relation to provisions of services, facilities or advantages for a subscription or for any other amounts, service tax shall be chargeable. It is proposed to exempt retrospectively the associations formed for representing the industry or commerce from payment of service tax in respect of membership fee collected by such club or associations during the period from 16th June, 2005 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X