SERVICE TAX TODAY

Vol. 13, Part 1, for the week of March 7 – March 13, 2008

statutes

q bill

Finance Bill, 2008

u Speech of Shri P. Chidambaram Minister of Finance, February 29, 2008 

u Finance Bill, 2008 

u Memorandum explaining the provisions in Finance Bill, 2008 

u Notes on Clauses 

q circulars

Central Excise

u Changes relating to excise in Finance Bill, 2008 - Circular D.O.F. No. 334/1/2008-TRU, dated 29-2-2008 

u Explanatory Notes on Finance Bill, 2008 

Service Tax

u Changes relating to service tax in Finance Bill, 2008 - Circular/Letter D.O.F. No. 334/1/2008-TRU, dated 29-2-2008 

u Explanatory Notes on Finance Bill, 2008 

q notifications

Central Excise

u Section 35B of the Central Excise Act, 1994 - Appeals to the Appellate Tribunal - Amendment in the Notification No. 24/2005 - Central Excise (N.T.), dated 13-5-2005 - Committee of Commissioner - Notification No. 9/2008 - Central Excise (N.T.), dated 21-2-2008 

u CENVAT Credit (Amendment) Rules, 2008 - Amendments in rules 2, 3, 6 and insertion of rules 7A, 15A - NOTIFICATION NO. 10/2008 - Central Excise (N.T.), DATED 1-3-2008 

u Section 5 of the Central Excise Tariff Act, 1985 - Amendments in the First Schedule - Notification No. 11/2008-Central Excise (N.T.), dated 1-3-2008 

u Section 3 of the Central Excise Act, 1944 - Duties specified in First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 to be levied - Amendment in Notification No. 3/2006 - CE (NT), dated 1-3-2006 - Notification No. 12/2008-Central Excise (N.T.), dated 1-3-2008 

u Central Excise (Determination of Retail Sale Price of Excisable Goods) Rules, 2008 - Notification No. 13/2008-Central Excise (N.T.), dated 1-3-2008  

u Section 4A of the Central Excise Act, 1944 - Valuation of excisable goods with reference to retail sale price - Supersession of Notification No. 2/2005-Central Excise (N.T.), dated 7-1-2005 and Notification No. 2/2006-Central Excise (N.T.), dated 1-3-2006 - Abatement from rental sale price for calculation of assessable value under MRP based assessment - Notification No. 14/2008-Central Excise (N.T.), dated 1-3-2008 

 

Service Tax

u Service Tax (Amendment) Rules, 2008 - Amendment in rules 6, 7B and 7C - NOTIFICATION NO. 4/2008 - Service Tax, DATED 1-3-2008 

u Export of Services (Amendment) Rules, 2008 - Amendment in rule 3 - NOTIFICATION NO. 5/2008 - Service Tax, DATED 1-3-2008 

u Taxation of Services (Provided from Outside India and Received in India) (Amendment) Rules, 2008 - Amendment in rule 3 - NOTIFICATION NO. 6/2008 - Service Tax, DATED 1-3-2008 

u Works Contract (Composition Scheme for Payment of Service Tax) (Amendment) Rules, 2008 - Amendment in rule 3 - NOTIFICATION NO. 7/2008 - Service Tax, DATED 1-3-2008 

u Section 93 of the Finance Act, 1994 - Power to grant exemption from Service Tax - Threshold exemption - Amendment in Notification No. 6/2005 - Service Tax, dated 1-3-2005 - Exemption of taxable services of total value below 10 lacs Rupees in any financial year - NOTIFICATION NO. 8/2008 - Service Tax, DATED 1-3-2008 

u Section 69 of the Finance Act, 1994 - Registration - Amendment in Notification No. 26/2005, Service Tax, dated 7-6-2005 - Specified person or class of persons who shall make an application for registration under provisions of sub-section (2) of section 69 - NOTIFICATION NO. 9/2008 Service Tax, DATED 1-3-2008 

u Service Tax (Registration of Special Category of Persons) (Amendment) Rules, 2008 - Amendment in rule 3 - NOTIFICATION NO. 10/2008 - Service Tax, DATED 1-3-2008 

u Service Tax (Registration of Special category of Persons) Rules, 2005 - Registration - Amendment in Notification No. 32/2005 - Service Tax, Dated 20-10-2005 - Form for purpose of Registration - NOTIFICATION NO. 11/2008 Service Tax, DATED 1-3-2008 

u Section 93 of the Finance Act, 1994 - Power to grant exemption from Service Tax - Transport of goods by road service - Amendment in Notification No. 1/2006-Service Tax, dated 1-3-2006 - Effective rates of duty for specified services - NOTIFICATION NO. 12/2008-Service Tax, DATED 1-3-2008 

u Section 93 of the Finance Act, 1994 - Power to grant exemption from Service Tax - Taxable service provided by a goods transport agency to any person in relation to transport of goods by road in a goods carriage - NOTIFICATION NO. 13/2008, Service Tax, DATED 1-3-2008 

u Section 93 of the Finance Act, 1994 - Power to grant exemption from Service Tax - Taxable service provided by a person, having his place of business, fixed establishment, permanent address or usual place or residence, in a country other than India, and which is received by a hotel located in India, in relation to booking of an accommodation in the said hotel - NOTIFICATION NO. 14/2008 - Service Tax, DATED 1-3-2008 

u Service Tax (Publication of Names) Rules, 2008 - NOTIFICATION NO. 15/2008 - Service Tax, DATED 1-3-2008