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Sunday, 18 May 2014

Service tax negative list easy learning trick for ca students

Shortcut to remember Negative List : " '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.
and the other is
Important for Exams Easy ways to learn Service Tax NEGATIVE LIST in alphabetic order... 01. A- Advertisement (except on radio & T.V.) 02. B- Bridges 03. C- Cabs (means transportation of passengers) 04. D- Diplomatic mission 05. E- Electricity 06. F- Funeral (includes transportation of deceased) 07. G- Goods Transportation 08. H- House Residential 09. I- Interest 10. J- Jhule (Rides) 11. K- Kheti (agriculture) 12. L- Lottery 13. M- Manufacture N ---------O- ---------P--------14. Q- Qualification (education) 15. R- RBI 16. S- Sarkar (government) 17. T- Trading of Goods. Total 17 services are in negative list.. [Share dis guyz, so that maximum people can get benefit]...!!!

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