Definition of Service

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..... Definition of Service
Query (Issue) Started By: - Admin TMI Dated:- 1-3-2015 Last Reply Date:- 1-3-2015 Service Tax
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Service Tax
Question - What are proposed change in definit .....

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..... ion of service in Finance Bill 2015 ? Reply By Admin TMI: The Reply: 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 .....

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..... . (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 organ .....

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..... izing 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 .....

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..... " 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 relatio .....

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..... n to lotteries.
Discussion Forum - Knowledge Sharing .....

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