Assessee Code mandatory for Excise and Service Tax Payments
Assessee Code made mandatory R.B.I has issued Circular DGBA.GAD.No.H - 850/41.07.003/2010-11 dated 29th July 2010, making it mandatory for the authorised banks to accept Central Excise and Service Tax payments from only those assessees whose Assessee Codes (Registration Numbers) exist in the EASIEST Directory. With effect from 1st September, 2010,
Read moreExemption and Abatement under Service Tax
Some general exemptions are provided in respect of:Services provided to the United Nations;Services to units in and developers of Special Economic Zones;Services rendered free of cost; andServices prior to the effective date of the service being included as a taxable service, even if payments are realized later.Exemptions available for small servic
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