SHORTCUT TO REMEMBER SERVICE TAX NEGATIVE LIST

SHORTCUT TO REMEMBER SERVICE TAX NEGATIVE LIST

SHORTCUT TO REMEMBER SERVICE TAX NEGATIVE LIST

Today we are providing you two METHODS of Shortcut to remember Service Tax Negative List in easy way. and that too as per the amendments so please go through both the two methods and share with your friends also

Shortcut to remember Service Tax Negative List : Story method

” GOVERNMENT’ ne ‘RBI’ ko ‘FOREIGN DIPLOMATIC MISSION’ karne ke liye ‘AGRICULTURE’ pe bheja. Lekin waha ja ke pata chala ki waha pain to sirf ‘MANUFACTURING’ and ‘TRADING OF GOODS’ hi hota hain, isiliye unhone ‘ADVERTISEMENT’ kar di. Aage dekha to ‘TOLL BOOTH COLLECTION’ walle log ‘LOTTERY’ and ‘ENTERTAINMENT’ kar rahe the and ‘ELECTRICITY’ka to ‘EDUCATIONAL INSTITUTIONS‘ and ‘LET OUT RESIDENTS’ main ‘FINANCE’ hi nahi hain. Dusri side dekha to Pata chala ki ‘GOODS FOR TRANSPORT’ and ‘PASSENGERS’ ko ‘FUNERAL’ ke liye le ja rahe the.

SHORTCUT TO REMEMBER SERVICE TAX NEGATIVE LIST : ALPHABETIC ORDER METHOD

1. A- Advertisement (Only Print Media)
2. B- Bridges
3. C- Cabs :-means transportation of passengers (Radio Taxi excluded)
4. D- Diplomatic mission (Embassy)
5. E- Electricity
6. F- Funeral (includes transportation of deceased)
7. G- Goods Transportation
8. H- House Residential
9. I- Interest (Banking, Financial, Insurance)
10. J- Journey :- Payment of Toll Charges.
11. K- Kheti (Agriculture)
12. L- Lottery (Betting,Gambling)
13. M- Manufacture (on which Excise Duty payable)
N- ———O- ———P- ———
14. Q- Qualification (Education)
15. R- RBI
16. S- Sarkar (Government)
17. T- Trading of Goods.
Hence the Total 17 services are in negative list and all are covered in it .

Must share with your friends the Shortcut to remember Service Tax Negative List