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Finance ministry issues draft circulars on tax clarifications

Finance ministry issues draft circulars on tax clarifications
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First Published: Wed, Jun 20 2007. 12 16 AM IST
Updated: Wed, Jun 20 2007. 12 16 AM IST
New Delhi: The finance ministry on Tuesday issued two draft circulars which contain a comprehensive review of all service tax-related clarifications issued since the tax was introduced in 1994. The two circulars, one on technical issues and the other on procedural issues, have been put up on the website of the Central Board of Customs and Excise, and public comments have been invited before 29 June.
The final circulars that are to be issued by the finance ministry will supersede all circulars and clarifications issued earlier, said a press statement from the ministry.
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First Published: Wed, Jun 20 2007. 12 16 AM IST