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August 2009

Notification No. 23/2009-Service Tax, dated 7-7-2009.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Tarun Ghia, Nimesh Dedhia, Vijay Kewalramani
Chartered Accountants
Reading Time 1 mins
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Part B : Indirect taxes

Updates in VAT and Service Tax :

MVAT UPDATE

Mvat Notifications

  1. Notification No. 23/2009-Service Tax, dated 7-7-2009.

By this Notification the Works Contract (Composition Scheme
for Payment of Service Tax) Rules, 2007 have been amended by laying down
procedure for computing the gross amount under the Composition Scheme. The
amendment would not apply where the execution has commenced or any payment
been made on or before 7-7-2009.

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