Tuesday, July 4, 2017

1. Institute running courses to enable students to seek employment would be exempt from service tax
Frankfinn Aviation Services (P.) Ltd. v. Commissioner of Service Tax, New Delhi.

➡2. Govt. notifies definition of a start-up and process of its recognition

NOTIFICATION NO. GSR 180(E) [F.NO.5(91)/2015-BE.I],DATED 17-2-2016
{SEE ALSO NOTIFICATION NO. GSR 401(E) [F.NO.5(91)/2015-BE.I], DATED 21-4-2017 FOR AMENDMENT}
[RESCINDED BY NOTIFICATION NO. GSR 501(E) [F.NO.5(91)/2015-BE-I], DATED 23-5-2017]

➡3. Unregistered dealers can claim tax credit for goods purchased before July 1, 2017 on basis of Credit Transfer doc
Notification   No.  21  /2017  -  Central  Excise  (N.T.)

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