Service Tax Updates
81. Jurisdiction for
online services from non taxable territory
Notification No. 50/2016 – ST
dated 22.11.2016
This Notification seeks to amend
notification No. 20/2014-ST dated 16th September, 2014 so as to
provide exclusive jurisdiction to LTU-Bangalore with respect to online
information and database access or retrieval services provided or agreed to be
provided by a person located in non-taxable territory and received by a
‘non-assessee online recipient’.
82. Online information
and database access or retrieval services excluded from the definition of
“telecommunication Services”
Notification No. 51/2016 – ST
dated 30.11.2016
This Notification seeks to amend
Place of Provision of Services Rules, 2012 so as to exclude ‘online information
and database access or retrieval services’ from the definition of
‘telecommunication services’.
83. No service tax on
card transactions of upto Rs. 2,000/-
Notification No. 52/2016 -ST
dated 08.12.2016
This Notification seeks to amend
exemption notification No. 25/2012-ST dated 20.06.2012 so as to exempt services
by an acquiring bank, to any person in relation to settlement of an amount upto
two thousand rupees in a single transaction transacted through credit card,
debit card, charge card or other payment card service.
MVAT UPDATES
84. Computerisation
Desk Audit (CDA) for the period 2013-14
Trade Circular 37T of 2016 Dated
25.11.2016
The MVAT Department has generated
Computer Desk Audit Report for the period 2013-14 which is accessible to dealer
on website www.mahavat.gov.in and dealer can submit compliance electronically
before 20.12.2016. Detailed procedure is explained in this circular.
