MANU/DSTX/0030/2016
Ministry : Ministry of Finance
Department/Board : Service Tax
Notification No. : 23/2016-Service Tax
Date : 13.04.2016
Notification/ Circulars Referred : Notification No.12/2006-Service Tax, dated the 19th April, 2006, MANU/DSTX/0014/2006;Notification No.11/2014-Service Tax, dated the 11th July, 2014 MANU/DSTX/0014/2014
Citing Reference:
Notification No.12/2006-Service Tax, dated the 19th April, 2006, MANU/DSTX/0014/2006 Referred
Notification No.11/2014-Service Tax, dated the 11th July, 2014 MANU/DSTX/0014/2014 Referred
Service Tax (Determination of Value) Amendment Rules, 2016
In exercise of the powers conferred by clause (aa) of sub-section (2) of section 94 of the Finance
Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Service Tax (Determination of Value) Rules, 2006, namely:--
1. (1) These rules may be called the Service Tax (Determination of Value) Amendment Rules, 2016.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In rule 6, in sub-rule (2), in clause (iv), the following proviso shall be inserted namely:-
"Provided that this clause shall not apply to any service provided by Government or a local authority to a business entity where payment for such service is allowed to be deferred on payment of interest or any other consideration.".
[F. No. 334/8/2016-TRU]
(Mohit Tiwari)
Under Secretary to the Government of India
Note:- The principal rules were published vide notification No.12/2006-Service Tax, dated the 19th April, 2006, in the Gazette of India, Extraordinary, vide number G.S.R.228 (E), dated the 19th April, 2006 and last amended by notification No.11/2014-Service Tax, dated the 11th July, 2014, vide number G.S.R.480(E),dated ........