GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 23/2016-Service Tax,
New Delhi, Dated the 13th April, 2016
G.S.R.____ (E).- In exercise of the powers conferred by clause (aa) of
sub-section (2) of section 94 of the Finance Act,1994 (32 of 1994), the Central
Government hereby makes the following rules further to amend the Service Tax
(Determination of Value) Rules, 2006, namely:--
- (1) These rules may be called the Service Tax (Determination of
Value) Amendment Rules, 2016.
(2) They shall come into force on the date of their publication in the
Official Gazette.
2. In rule 6, in sub-rule (2), in clause (iv), the following proviso shall be
inserted namely:-
"Provided that this clause shall not apply to any service provided by Government
or a local authority to a business entity where payment for such service is
allowed to be deferred on payment of interest or any other consideration.".
[F. No. 334 / 8 /2016 -TRU]
(Mohit Tiwari)
Under Secretary to the Government of India
Note:- The principal rules were published vide
notification No.12/2006-Service Tax, dated the 19th April, 2006, in the Gazette
of India, Extraordinary, vide number G.S.R.228 (E), dated the 19th April, 2006
and last amended by
notification No.11/2014-Service Tax, dated the 11th July,
2014, vide number G.S.R.480(E),dated the 11th July, 2014.
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