HomeNewsTrendsCurrent AffairsNegative list for services to be unveiled soon: CBEC

Negative list for services to be unveiled soon: CBEC

Today, the Chairman of the Central Board of Excise and Customs (CBEC), S Dutt Majumder told CNBC-TV18 that the government could consider a negative list for services before introducing the goods and service tax (GST).

August 30, 2011 / 23:32 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Last night, the government unveiled a negative list to widen the tax base. Today, the Chairman of the Central Board of Excise and Customs (CBEC), S Dutt Majumder told CNBC-TV18 that the government could consider a negative list for services before introducing the goods and service tax (GST) as well. He adds that the list could be considered in the budget itself.

first published: Aug 30, 2011 10:37 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!