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Till 31.5.2016

Service of transportation of passengers,

with or without accompanied belongings,

by a stage carriage

was covered in negative list of services


From 1.6.2016

They were removed from Negative List

However, Non AC Stage Carriage are covered in Mega Exemption Notification

Effect

Hence, AC Stage Carriage becomes taxable

Also 60% Abatement has been notified, i.e. AC Stage Carriage has to pay Service tax at 40%*15=6%

This is on the condition that Cenvat Credit is not taken by AC Stage Carriage

  1. Indirect Tax
  2. Amendments Indirect Tax for May 2017 Exams
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CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 6 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
  • Sivasai Kumar's image

    Hi,

    One of our client is providing services of transportation of passengers from one place to another place.

    While registering this service under the Service Tax under what category we need to register. I couldn't found the exact category for this service.

    Kindly guide me in this regard.

    View answer
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