Notification No. 8/2015-Service Tax-Seeks to amend notification No. 26/2012-Service Tax, dated 20th June 2012, so as to make necessary amendments in the specified entries prescribing taxable portion and the conditions for availing the exemption therein.

Notification No. 8/2015-Service Tax Dated 01/03/2015

Seeks to amend notification No. 26/2012-Service Tax, dated 20th June 2012, so as to make necessary amendments in the specified entries prescribing taxable portion and the conditions for availing the exemption therein.- G.S.R. ---(E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.26/2012-Service Tax, dated the 20th June, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 468 (E), dated the 20th June, 2012, namely:-

1. In the said notification, in the Table,-

(i) against Sl. No. 2, in column (4), for the entry, the following entry shall be substituted, namely:-

"CENVAT credit on inputs, capital goods and input services, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004.";

(ii) against Sl. No. 3, in column (4), for the entry “ Nil”, the entry “Same as above” shall be substituted;
(iii) for Sl. No. 5 and the entries relating thereto, the following serial number and entries shall be substituted, namely:-

(1)

(2)

(3)

(4)

“5

Transport of passengers by air, with

or without accompanied belongings

(i) economy class

(ii) other than economy class

CENVAT credit on inputs and

capital goods, used for providing

the taxable service, has not been

taken under the provisions of the

CENVAT Credit Rules, 2004.”;

(iv) against Sl. No. 7, in column (3), for the entry “25”, the entry “30” shall be substituted;
(v) Sl. No. 8 and entries relating thereto shall be omitted;
(vi) against Sl. No. 10, in column (3), for the entry “40”, the entry “30” shall be substituted.
2. This notification shall come into force on the 1st day of April, 2015.

[F.No. 334/5/2015 - TRU]

(Akshay Joshi)
Under Secretary to the Government of India

Note:-The principal notification No. 26/2012 - Service Tax, dated 20th June, 2012, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i) vide number G.S.R. 468 (E), dated the 20th June, 2012 and was last amended by notification No.08/2014-Service Tax, dated the 11th July, 2014 vide G.S.R. 477 (E), dated the 11th July, 2014.