The TRUnit of Department of Revenue, Ministry of Finance, Govt. of India has issued Circular No.96/7/2007-ST on 23/8/2007. This circular supercedes all previous circulars, clarifications and communications. According to the clarification contained in this Circular, the service provided by a sub contractor to his main contractor is a taxable service and service tax is leviable on it. Does this mean that this clarification takes effect from 23/8/2007 only and that the sub contractors will have to levy service tax on the services rendered by them from that date only?
I shall be grateful for clarification whether my presumption is correct.
S. Krishnamoorthy
You see whether any retrospection operation is givne in the circular. If not the circular comes into operation prospectively ie from 23.08.2007
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