TMI BlogNotification under sub-section (2) of section 68 - Reverse ChargeX X X X Extracts X X X X X X X X Extracts X X X X ..... s things done or omitted to be done before such supersession, the Central Government hereby notifies the following taxable services and the extent of service tax payable thereon by the person liable to pay service tax for the purposes of the said sub-section, namely:- I. The taxable services,- (A) (i) provided or agreed to be provided by an insurance agent to any person carrying on the insurance business; 6 [(ia) provided or agreed to be provided by a recovery agent to a banking company or a financial institution or a non-banking financial company; ] 22 [(ib) ***]; 23 [(ic) provided or agreed to be provided by a selling or marketing agent of lottery tickets in relation to a lottery in any manner to a lottery distributor or selling agent of the State Government under the provisions of the Lottery (Regulations) Act, 1998 (17 of 1998); ;]] (ii) provided or agreed to be provided by a goods transport agency in respect of transportation of goods by road, where the person liable to pay freight is,- (a) any factory registered under or governed by the Factories Act, 1948 (63 of 1948); (b) any s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entity registered as body corporate, located in the taxable territory; 15 [(vi) provided or agreed to be provided by a person involving an aggregator in any manner;] 36 [ (vii) provided or agreed to be provided by a person located in non-taxable territory to a person located in non-taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India; ] (B) provided or agreed to be provided by any person which is located in a non-taxable territory and received by any person located in the taxable territory 33 [ other than non-assesse online recipient ]; 16 [II . The extent of service tax payable thereon by the person who provides the service and any other person liable for paying service tax for the taxable services specified in paragraph I shall be as specified in the following Table, namely:- ] Table 8 [Sl.No Description of a service Percentage of service tax payable by the person providing service 17 [Percentage of service tax payable by any person liable for paying service tax other than the service ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7 (a) in respect of services provided or agreed to be provided by way of renting of a motor vehicle designed to carry passengers on abated value to any person who is not engaged in the similar line of business (b) in respect of services provided or agreed to be provided by way of renting of a motor vehicle designed to carry passengers on non abated value to any person who is not engaged in the similar line of business Nil 11 [50%] 100 % 12 [50%] 8. in respect of services provided or agreed to be provided by way of supply of manpower for any purpose 4 [ or security services ] 19 [Nil] 20 [100%] 9. in respect of services provided or agreed to be provided in service portion in execution of works contract 50% 50% 10 in respect of any taxable services provided or agreed to be provided by any person who is located in a non-taxable territory and received by any person located in the taxable territory 34 [ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... de Notification No. 45/2012 - Service Tax, Dated 07/08/2012 3. Inserted vide Notification No. 45/2012 - Service Tax, Dated 07/08/2012 4. Inserted vide Notification No. 45/2012 - Service Tax, Dated 07/08/2012 5. Corrected vide Corrigendum No. F. No.334/1/2012 -TRU, dated 29/06/2012 , before it was read as:- support 6. Inserted vide Notification No.10/2014-Service Tax, dated 11th July, 2014 w.e.f. 11th day of July, 2014 7. Substituted vide Notification No.10/2014-Service Tax, dated 11th July, 2014 w.e.f. 11th day of July, 2014, before it was read as, 1 [ (iva) provided or agreed to be provided by a director of a company to the said company; ] 8. Substituted vide Notification No.10/2014-Service Tax, dated 11th July, 2014 w.e.f. 11th day of July, 2014, before it was read as, Sl.No. Description of a service Percentage of service tax payable by the person providing service Percentage of service tax payable by the person receiving the service 9. Inserted vide Notification No.10/2014-Service Tax, dated 11th July, 2014 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n individual advocate or a firm of advocates by way of 5 [ legal ] services, or 25. Omitted vide Not. 18/2016 - Dated 1-3-2016 before it was read as, 1stday of April, 2016. 18 [1B. in respect of services provided or agreed to be provided by a mutual fund agent or distributor, to a mutual fund or asset management company Nil 100%] 26. Substituted vide Not. 18/2016 - Dated 1-3-2016 before it was read as, 1stday of April, 2016 in respect of service provided or agreed to be provided by a selling or marketing agent of lottery tickets to a lottery distributor or selling agent 27. Substituted vide Not. 18/2016 - Dated 1-3-2016 before it was read as, 1stday of April, 2016 in respect of services provided or agreed to be provided by individual advocate or a firm of advocates by way of legal services 28. Omitted vide Not. 18/2016 - Dated 1-3-2016 before it was read as, 1stday of April, 2016, by way of support services 29. Substituted vide Not. 34/2016 - Dated 6-6-2016 before it was read as, 24 [(B) a firm of advocates or an individual advocate other than senio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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