Service Tax

No service tax on Yoga for period 01-07-2012 to 20-10-2015 provided by trusts registered us 12AA and not paid as per prevalent practice

No service tax on Yoga for period 01-07-2012 to 20-10-2015 provided by trusts registered us 12AA and not paid as per prevalent practice.

Government of India
Ministry of Finance
Department of Revenue
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 42/2016-Service Tax

New Delhi, the 26th September, 2016

G.S.R. 914(E).- Whereas, the Central Government is satisfied that in the period commencing on and from the first day of July, 2012 and ending with the 20th day of October, 2015 (hereinafter referred to as the said period) according to a practice that was generally prevalent, there was non-levy of service tax on the services by way of advancement of Yoga provided by entities registered under section 12AA of Income-tax Act, 1961 (43 of 1961) and this service was liable to service tax, in the said period, which was not being paid according to the said practice.

Now, therefore, in exercise of the powers conferred by section 11C of the Central Excise Act, 1944 (1 of 1944), read with section 83 of the Finance Act, 1994 (32 of 1994), the Central Government hereby directs that the service tax payable under section 66B of the Finance Act, 1994, on the service by way of advancement of Yoga provided by entities registered under section 12AA of Income-tax Act, 1961 (43 of 1961) in the said period, but for the said practice, shall not be required to be paid.

RAJEEV YADAV
Director to the Government of India

[F. No. 137/37/2016-Service Tax]

Share

Recent Posts

  • Income Tax

Assessee can’t be said to indulged in penny stock sale without showing his involvement

Assessee could not said to indulged in penny stock sale on human probabilities without showing his involvement – ITAT deleted…

2 hours ago
  • Excise/Custom

Before staying CESTAT order High Court should have framed substantial questions of law – SC

Before staying CESTAT order the High Court should have framed the substantial questions of law and thereafter could have passed…

15 hours ago
  • CA CS CMA

CA issuing Form 15CB not required check genuineness of documents submitted

Chartered Accountant issuing Form 15CB not required check genuineness or otherwise of documents submitted by his clients – Supreme Court…

18 hours ago
  • GST

Ongoing investigation qua absconding person, no ground to deny bail to arrested person

Ongoing investigation qua absconding person, cannot be a ground to deny bail to person against whom the investigations have been…

22 hours ago
  • Income Tax

Accommodation entry operators also obtain PAN, file ITRs, open bank account

Accommodation entry operators also routinely obtain PAN, file ITRs, and maintain bank accounts, to give a facade of legitimacy to…

1 day ago
  • ICAI

ICAI sets up two new branches : at Morbi and Bhiwandi

ICAI sets up two new branches : at Morbi and Bhiwandi The Institute of Chartered Accountants of India (ICAI) has…

1 day ago