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Definition of Service, Service Tax |
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Definition of Service |
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Question - What are proposed change in definition of service in Finance Bill 2015 ? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
The intention in law has been to levy Service Tax on the services provided by: (i) chit fund foremen by way of conducting a chit. (ii) distributors or selling agents of lottery, as appointed or authorized by the organizing state for promoting, marketing, distributing, selling, or assisting the state in any other way for organizing and conducting a lottery. However, Courts have taken a contrary view in some cases, while in some cases the levy has been upheld. An Explanation is being inserted in the definition of “service” to specifically state the intention of the legislature to levy service tax on activities undertaken by chit fund foremen in relation to chit, and distributors or selling agents of lottery in relation to lotteries. Page: 1 Old Query - New Comments are closed. |
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