TMI BlogTaxable Services provided by partner organization of National Skill Development Corporation (NSDC)X X X X Extracts X X X X X X X X Extracts X X X X ..... Taxable Services provided by partner organization of National Skill Development Corporation (NSDC) - By: - Sachin Sharma - Service Tax - Dated:- 28-9-2014 - - Clause (I) Section 66D of Finance Act 1994 inserted with effect from 01.07.2012 provides exemption to certain educational services by way of Pre-school education and education up to higher secondary school or equivalent Edu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cation as a part of curriculum for obtaining a qualification recognized by any law for the time being in force Education as a part of an approved vocational education course Relevant extract from Finance Act 2012 and Finance Act 2013 have been produced hereunder: Finance Act 2012 CHAPTER-V (Service Tax) (11) approved vocational education course means,- (i) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a course run by an industrial training institute or an industrial training centre affiliated to the National Council for Vocational Training offering courses in designated trades notified under the Apprentices Act, 1961; or (52 of 1961.) (ii) a Modular Employable Skill Course, approved by the National Council of Vocational Training, run by a person registered with the Directorate General of E ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mployment and Training, Union Ministry of Labour and Employment; or (iii) a course run by an institute affiliated to the National Skill Development Corporation set up by the Government of India; FINANCE ACT 2013 CHAPTER-V (Service Tax) Amendment of Act 32 of 1994 103. In the Finance Act, 1994 ,- (A) in section 65B,-(i) in clause (II) ,- (a) in sub-clause (i), af ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ter the words National Council for Vocational Training , the words or State Council for Vocational Training shall be inserted; (b) in sub-clause (ii), the word or occurring at the end shall be omitted; (c) sub-clause (iii) shall be omitted; Finance Act 2012 (as amended by Finance Act 2013 ) can be read as under: (11) approved vocational education course means,- (i) a cou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rse run by an industrial training institute or an industrial training centre affiliated to the National Council for Vocational Training or State Council for Vocational Training offering courses in designated trades notified under the Apprentices Act, 1961; or (52 of 1961.) (ii) a Modular Employable Skill Course, approved by the National Council of Vocational Training, run by a person regist ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ered with the Directorate General of Employment and Training, Union Ministry of Labour and Employment; Exemption to services relating to National Skill Development Programme services in relation to National Skill Development Programme, Vocational skill Development course or any other Scheme implemented by the National Skill Development Corporation (NSDC) is exempt w.e.f.10.09.2013 through No ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tification No. 13/2013 Service Tax dated 10 th of September, 2013 . (Insertion of Entry no 9A in the Notification No. 25/2012, service tax dated 20 th June 2012 .) This exemption is available to the National Skill Development Corporation, Sector Skill Council (SSC) approved by NSDC and assessment agency or training partner approved by NSDC or SSC. It is pertinent to mentioned here that servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ces provided by partner organization of National Skill Development Corporation (NSDC) were taxable during 10.05.2013 to 10.09.2013 . Disclaimer: The information in this article does not constitute legal advice, and reading of this article should not be perceived as initiation of a consultant-client relationship. Those persons seeking consultant -client privilege should establish a formal a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rrangement with a consultant practicing in the jurisdiction of their concern. Mr. Sachin Sharma should be contacted directly in cases of interest in establishing such an arrangement. We assume no responsibility for improper use of the information provided through this article. - - Scholarly articles for knowledge sharing authors experts professionals Tax Management India - taxmanagementindia ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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