CBEC has clarified that when a Vocational Education Courses/
training/ skill development courses (VEC) is offered by an
institution of the Government or a local authority, question of
service tax does not arise. In terms of Section 66D (a), only
specified services provided by the Government are liable to tax and
VEC is excluded from the service tax.
However, if the VEC is offered by an institution, as an
independent entity in the form of society or any other similar
body, service tax treatment is determinable by the application of
either sub-clause (ii) or (iii) of clause (l) of Section 66D of
negative List of services.
(Source: CBEC Circular No. 164/15/2012-ST dated August 28,
Scope of Reverse Charge/ Joint Charge Mechanism enlarged
Central Government has further enlarged the scope of Reverse
Charge/ Joint Charge Mechanism by adding following services within
its ambit w.e.f. August 7, 2012:-
(Source: CBEC Notification Nos. 45/2012-ST and 46/2012-ST
dated August 7, 2012)
Mandatory E-Payment of Customs duty
The e-payment of duty has been made mandatory for importers
registered under Accredited Clients Programme (http://www.cbec.gov.in/acp-idx.htm) and
importers paying customs duty of ` 100,000/- or more per Bill of
Entry w.e.f. September 17, 2012.
(Source: CBEC Circular No. 24/2012- Customs dated September
Editorial Team: Bomi F. Daruwala, Gautam Chopra, Hemant
Puthran, Rupesh Jain and Shilpi Shivangi
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