Year 2012-13 witnessed a paradigm shift in taxation of services in India from the existing system of subjecting to tax only services of specified descriptions to taxing all services, except those specified in the negative list. The selective approach has made way for the comprehensive approach.
With a view to increase awareness about the new dispensation and to educate the stakeholders on the niceties of the new regime, the CBEC issued an Education Guide on Taxation of Services. Students desirous of gaining knowledge on the new system of taxation of services may click on the following link and read the Education Guide:
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