Prepared By:
CA Pradeep Jain,
Sukhvinder Kaur
Monu Toshniwal
The service tax on transportation of goods by railway was introduced in the Budget 2009 last year by the Finance Minister. With the levy of service tax, provisions for abatement and exemptions were also introduced. The levy was to come into effect on September 1, 2009. However, under the pressure from the Railway Minister the service on transport of goods by rail was completely scraped by granting exemption to the said service vide Notification no 33/2009-ST dated September 1, 2009 the very day the levy of service tax on Rail was to come into effect.....read more
No comments:
Post a Comment