| Date: |
01-03-2015
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| Notification No: |
Service Tax Notification No 09/2015 (ST)
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| Issuing Authority: |
Service Tax
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| Type: |
Notification
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| File No: |
F. No. 334/5/2015-TRU |
| Subject: |
Seeks to notify the “resident firm” as the class of persons for the purpose of sub-clause (iii) of clause (b) of section 96A of the Finance Act, 1994.
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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
NOTIFICATION No. 9/2015 - Service Tax
New Delhi, the 1st March, 2015
G.S.R. (E).- In exercise of the powers conferred by sub-clause (iii) of
clause (b) of section 96A of the Finance Act, 1994 (32 of 1994), the Central
Government hereby specifies
“resident firm” as class of persons for the purposes of the said sub-clause.
Explanation. - For the purposes of this notification,-
(a) “firm” shall have the meaning assigned to it in section 4 of the Indian
Partnership Act,
1932 (9 of 1932) , and includes-
- the limited liability partnership as defined in clause (n) of sub-section
(1) of the section 2 of the Limited Liability Partnership Act, 2008 (6 of 2009);
or
- limited liability partnership which has no company as its partner; or
- the sole proprietorship; or
- One Person Company.
(b) (i) “sole proprietorship” means an individual who engages himself in an
activity as
defined in sub-clause (a) of section 96A of the Finance Act, 1994.
(ii) “One Person Company” means as defined in clause (62) of section 2 of the
Companies Act, 2013 (18 of 2013).
(c) “resident” shall have the meaning assigned to it in clause (42) of section 2
of the
Income-tax Act, 1961 (43 of 1961) in so far as it applies to a resident firm.
[F. No. 334/5/2015-TRU]
(Akshay Joshi)
Under Secretary to the Government of India
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