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Service Tax – Negative List, 10 Question Quiz!

Service Tax – Negative List, 10 Question Quiz!

Likewise other economies in the world, India has also adopted negative list approach in service tax for better management of service tax. Government has introduced a list of service covered under negative list for the time being in force. These services will be out of ambit of service tax and subject to change from time to time.This approach is simpler from existing approach which makes all services taxable except services covered under this list and also a step towards GST.

 

Here is a quiz to check your knowledge on Negative List under Service Tax!

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