Service tax liability of practising company secretaries
PANDEY, T N
Service tax liability of practising company secretaries Under new taxation pattern by the finance act, 2012 - 2013 - 272-275
Service tax on Practising Company Secretaries (PCS) was imposed from 16.10.98 under the selective scheme of taxation,introduced by the finance act, 1994. The pattern of taxation was changed by the finance act, 2012 to comprehensive coverage from 01.07.12. PCSs were taxable under the previous regime and continue to be so under the changed regime also. RThe PCSs are not exempt by the negative list or the exemption notification date 20.06.2012. This article comprehensively covers various facets relating to taxation in he cases of PCSs both before and from 01.07.12 under new scheme.
SERVICE TAX TAXATION
336.2
Service tax liability of practising company secretaries Under new taxation pattern by the finance act, 2012 - 2013 - 272-275
Service tax on Practising Company Secretaries (PCS) was imposed from 16.10.98 under the selective scheme of taxation,introduced by the finance act, 1994. The pattern of taxation was changed by the finance act, 2012 to comprehensive coverage from 01.07.12. PCSs were taxable under the previous regime and continue to be so under the changed regime also. RThe PCSs are not exempt by the negative list or the exemption notification date 20.06.2012. This article comprehensively covers various facets relating to taxation in he cases of PCSs both before and from 01.07.12 under new scheme.
SERVICE TAX TAXATION
336.2