Service Tax - Finance Act 2014 - TRU explains Changes
THE Joint Secretary TRU in a letter addressed to the CCs, DGs and Commissioners has explained the changes brought about as a consequence of the enactment of the Finance Bill 2014 on 6.8.2014.
He clarifies that the explanations in respect of changes discussed are not exhaustive and the text of the relevant statutory provisions and the wordings of the notifications should be read carefully to implement the law.
He has expressed his thanks to officers in field formations who have shared their ideas and views with TRU.
A concerned Netizen asks, "Why is the TRU Chief silent on the important issue of interest on service tax? Is he not aware of the Chairperson's statement?"
TRUD.O.F. No. 334/15/2014-TRU, Dated: August 25, 2014