Special provision for retrospective exemption from service tax on service by way of grant of liquor licence

Section 117 of the Finance Act, 2019 (No. 2) deals with special provision for retrospective exemption from service tax on service by way of grant of liquor licence. Service Tax Special provision for retrospective exemption from service tax on service by way of grant of liquor licence 117.

Service Tax

Special provision for retrospective exemption from service tax on service by way of grant of liquor licence

117.

(1) Notwithstanding anything contained in section 66B of Chapter V of the Finance Act, 1994 (32 of 1994) as it stood prior to its omission vide section 173 of the Central Goods and Services Tax Act, 2017(12 of 2017) with effect from the 1st day of July, 2017 (hereinafter referred to as the said Chapter), no service tax shall be levied or collected in respect of taxable service provided or agreed to be provided by the State Government by way of grant of liquor licence, against consideration in the form of licence fee or application fee, by whatever name called, during the period commencing from the 1st day of April, 2016 and ending with the 30th day of June, 2017 (both days inclusive).

(2) Refund shall be made of all such service tax which has been collected, but which would not have been so collected, had sub-section (1) been in force at all material times:

Provided that an application for the claim of refund of service tax shall be made within a period of six months from the date on which the Finance (No.

2) Bill, 2019 receives the assent of the President.

(3) Notwithstanding the omission of the said Chapter, the provisions of the said Chapter shall apply for refund under this section retrospectively as if the said Chapter had been in force at all material times.

Section 117, The Finance Act, 2019 (No. 2).