Friday, July 9, 2010
New Taxable Services
Central Board of Excise & Custom (“CBEC”) has notified 8 new taxable Services w.e.f. 1.7.2010 vide Notification No.24/2010-Service Tax dated 22.6.2010.
The following are the new taxable Services introduced w.e.f. from 1.7.2010.
1. Games of chance (zzzzn)
2. Health services (zzzzo)
3. Maintenance of medical records (zzzzp)
4. Promotion of a ‘brand’ of goods, services, events, business entity etc. (zzzzq)
5. Commercial use or exploitation of any event organized by a person or organization (zzzzr)
6. Electricity Exchange Service (zzzzs)
7. Copyrights on Cinematographic films and sound recording (zzzzt)
8. Providing of preferential location or external / internal development of complexes (zzzzu)
Click here to see the full notification.
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