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BUDGET CHANGES IN NEGATIVE LIST - PART II

Service Tax - By: - Dr. Sanjiv Agarwal - Dated:- 17-4-2015 - The following change in the negative list shall be applicable from the notified date after the enactment of Finance Bill, 2015: Processes amounting to Manufacture [Clause (f) of Section 66D] Finance Bill, 2015 has amended the entry (f) to carve out from the negative list, process amounting to manufacture or production of alcoholic liquor for human consumption. Consequently, Service Tax shall be levied on bottling / job work / contract .....

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-ST has also been amended to exclude exemption to intermediate production processes / job works in relation to alcoholic liquor meant for human consumption. It may, however, be noted that manufacture of liquor meant for human consumption is subject to state excise duties and not Central Excise Duty under the Central Excise Act, 1944. CBEC vide letter DOF No. 334/5/2015-TRU dated 28.02.2015 has clarified the amendment as follows - The entry in the Negative List that covers service by way of any p .....

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g with the Negative List entry [section 66D (f)], with a consequential amendment in S. No. 30 of Notification No. 25/12-ST, to exclude intermediate production of alcoholic liquor for human consumption from its ambit. Admission to entertainment event or access to amusement facilities [Clause (j) of Section 66D] Finance Bill, 2015 has omitted clause (j) of section 66D with effect from notified date after enactment. The services of admission to entertainment event or access to amusement facilities .....

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des, water parks and theme parks. Service tax will be levied on service by way of admission to entertainment event of concerts, pageants, musical performances concerts, award functions and sporting events other than the recognized sporting event, if the amount charged is more than ₹ 500 for right to admission to such an event. However, the existing exemption, by way of the Negative List entry to service by way of admission to entertainment event, namely, exhibition of cinematographic film .....

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or zoo. 47. Services by way of right to admission to,- (i) exhibition of cinematographic film, circus, dance, or theatrical performance including drama or ballet; (ii) recognised sporting event; (iii) award function, concert, pageant, musical performance or any sporting event other than a recognised sporting event, where the consideration for admission is not more than ₹ 500 per person. The Notification also defines the terms recognized sporting event, tiger reserve, wildlife sanctuary and .....

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