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Service Tax

Services provided by Government to business entity is chargeable to service tax

Services provided by Government to business entity is chargeable to service tax

Government has made some amendments in Finance Act. And has brought services provided by government or a local authority under the net of service tax.  Now, the business houses receiving services from government or a local authority would have to deposit service tax on the value of services received. HOLD ON, after this government has come out with more clarifications. And has exempted some services. Keep reading for more ....