List of negative service tax

List of negative service tax PDF

Negative List of Service Tax is the list of services that are not taxed under the service tax regime.Under the service tax regime, there are certain services that are considered to be exempted from taxation. These include maintenance and repair, air travel, medical treatment, education, IT services etc. However, every now and then there are instances when certain services are found to be outside the exemption list or not being taxed accordingly.

Negative services tax PDF

Under Section 66D of the Finance Act 1994, a negative list of services have been explained that, which are deemed to be exempt from service tax. Any service provided that does not come under the purview of this list is liable to be levied with service tax.

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