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June 2015

Effective date for mega exemption and abatement Notification No. 15 & 16 of 2015 dated 19-05- 2015

By Tarun Ghia, Pratik Mehta, Brijesh Cholera Chartered Accountants
Reading Time 1 mins
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By these notifications, effective date of applicability of amendments in the Mega Exemption Notification relating to services by way of job work on alcoholic liquors for human consumption; and Services by way of right to admission to exhibition of film, circus, dance or theatrical performances, sporting event, is notified as 1st June, 2015.

Further effective date of applicability of changes in abatement rates of Service Tax for Air Travel Agent, Life Insurance Business, Foreign Exchange Brokers and Distributor & Selling Agent of Lottery is also notified as 1st June, 2015.

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