{"act":{"id":"finance-act-2000","short_title":"The Finance Act, 2000","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2000-2001.","act_number":null,"act_year":2000,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":82,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2000/"},"unit":"section","section":{"number":"116","heading":"Amendment of Act 32 of 1994","text":"CHAPTER V SERVICE TAX Amendment of Act 32 of 1994. 116. During the period commencing on and from the 16th day of July, 1997 and ending with the 16th day of October, 1998, the provisions of Chapter V of the Finance Act, 1994 shall be deemed to have had effect subject to the following modifications, name­ly:— (a) in section 65,— (i) for clause (6), the following clause had been substi­tuted, namely:— ‘(6) \"assessee\" means a person liable for collecting the service tax and includes— (i) his agent; or (ii) in relation to services provided by a clearing and forwarding agent, every person who engages a clearing and for­warding agent and by whom remuneration or commission (by whatever name called) is paid for such services to the said agent; or (iii) in relation to services provided by a goods trans­port operator, every person who pays or is liable to pay the freight either himself or through his agent for the transporta­tion of goods by road in a goods carriage.’; (ii) after clause (18), the following clauses had been sub­stituted, namely:— ‘(18A) \"goods carriage\" has the meaning assigned to it in clause (14) of section 2 of the Motor Vehicles Act, 1988 (59 of 1988); (18B) \"goods transport operator\" means any commercial concern engaged in the transportation of goods but does not include a courier agency;’; (iii) in clause (48), after sub-clause (m), the follow­ing sub-clause had been inserted, namely:— \"(ma) to a customer, by a goods transport operator in relation to carriage of goods by road in a goods carriage;\"; (b) in section 66, for sub-section (3), the following sub-section had been substituted, namely:— \"(3) On and from the 16th day of July, 1997, there shall be levied a tax at the rate of five per cent of the value of taxable services referred to in sub-clauses (g), (h), (i ), (j), (k ), (l), (m), (ma ), (n) and (o) of clause ( 48) of section 65 and collected in such manner as may be prescribed.\"; (c) in section 67, after clause (k), the following clause had been inserted, namely:— \"(ka) in relation to service provided by goods transport operator to a customer, shall be the gross amount charged by such operator for services in relation to carrying goods by road in a goods carriage and includes the freight charges but does not include any insurance charges;\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><i><u>CHAPTER V</u></i></p><p>SERVICE TAX</p><p><b>Amendment of Act 32 of 1994.</b></p><p><b>116.</b> During the period commencing on and from the 16th day of July, 1997 and ending with the 16th day of October, 1998, the provisions of Chapter V of the Finance Act, 1994 shall be deemed to have had effect subject to the following modifications, name­ly:—</p><p>(<i>a</i>) in section 65,—</p><p>(<i>i</i>) for clause (<i>6</i>), the following clause had been substi­tuted, namely:—</p><p>‘(<i>6</i>) \"assessee\" means a person liable for collecting the service tax and includes—</p><p>(<i>i</i>) his agent; or</p><p>(<i>ii</i>) in relation to services provided by a clearing and forwarding agent, every person who engages a clearing and for­warding agent and by whom remuneration or commission (by whatever name called) is paid for such services to the said agent; or</p><p>(<i>iii</i>) in relation to services provided by a goods trans­port operator, every person who pays or is liable to pay the freight either himself or through his agent for the transporta­tion of goods by road in a goods carriage.’;</p><p>(<i>ii</i>) after clause (<i>18</i>), the following clauses had been sub­stituted, namely:—</p><p>‘(<i>18A</i>) \"goods carriage\" has the meaning assigned to it in clause (<i>14</i>) of section 2 of the Motor Vehicles Act, 1988 (59 of 1988);</p><p>(<i>18B</i>) \"goods transport operator\" means any commercial concern engaged in the transportation of goods but does not include a courier agency;’;</p><p>(<i>iii</i>) in clause (<i>48</i>), after sub-clause (<i>m</i>), the follow­ing sub-clause had been inserted, namely:—</p><p>\"(<i>ma</i>) to a customer, by a goods transport operator in relation to carriage of goods by road in a goods carriage;\";</p><p>(<i>b</i>) in section 66, for sub-section (3), the following sub-section had been substituted, namely:—</p><p>\"(3) On and from the 16th day of July, 1997, there shall be levied a tax at the rate of five per cent of the value of taxable services referred to in sub-clauses (<i>g</i>), (<i>h</i>), (<i>i</i> ), (<i>j</i>), (<i>k</i> ), (<i>l</i>), (<i>m</i>), (<i>ma</i> ), (<i>n</i>) and (<i>o</i>) of clause ( <i>48</i>) of section 65 and collected in such manner as may be prescribed.\";</p><p>(<i>c</i>) in section 67, after clause (<i>k</i>), the following clause had been inserted, namely:—</p><p>\"(<i>ka</i>) in relation to service provided by goods transport operator to a customer, shall be the gross amount charged by such operator for services in relation to carrying goods by road in a goods carriage and includes the freight charges but does not include any insurance charges;\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":403,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2000/section/116/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}