Thursday, July 10, 2008

Recent Clarification - Service Tax

Recent Clarification - Service Tax
The Ministry of Finance, Department of Revenue, Tax Research Unit has issued a Circular on January 4, 2008. This circular is an amendment to the master circular no.96/7/2007-ST issued on August 23, 2007. The circular clarifies the departments stand on cenvat credit that can be availed by service providers who either provide or utilize services that come under the category of works contract, construction and rental of immovable property.
The following issues have been addressed: Read More......

No comments: