Budget 2017 video: Change in Service Tax
The Union budget presented by finance minister Arun Jaitley on 1 February 2017, proposed a Retrospective amendment in Service Tax (Determination of Value) Rules, 2006. jagranjosh.com presents you the micro details of this act by renowned expert of indirect tax CA Ashok Batra.
Since the greatest indirect tax GST is round the corner, any significant change in the current circuitous duty structure at this stage would have brought about undue hardship on the citizens. Watching out for the same, the Hon'ble Finance Minister while showing his fourth Budget for 2017-18 has proposed some helpful changes in the administration charge law without upsetting the current backhanded duty administration.
The changes Service Tax 2006 have been explained in a video by CA Ashok Batra, expert of Indirect Tax.