Wednesday, April 20, 2011

Service Tax - Exemption NT 36/2010

NT 36/2010
*Exemption to advance recd prior to 1.7.2010 towards 8 New Services introduced & specified existing services by FA2010 are exempt TO THE  EXTENT OF AMOUNT OF ADVANCE PAYMENT RECVD before1.7.2010 in respect of them.
*Exemption of S.Tax only on that partial/full amt which is recvd by SERVICE PROVIDER by 1.7.2010(& not by agent,who in turn trf such amt to SP after1.7.2010)

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