Service Tax amendments applicable from 1st March 2016.

1. Specified Services provided bythe Indian Institutes of Management (IIM) are being exempted from Service Tax.
2. Amendment in point of taxation Rule,2011.
3. Information Technology Softwareon media bearing RSP  is  being exempted  from  Service Tax subject to certain conditions.
4. Restoration of exemption on services provided to the Government, a local authority or a governmental authority. Restoration of exemption on services to an airport, port.
5. Withdrawal of exemption on services to monorail or metro, in respect of contracts entered into on or before 01.03.2016
6. Exemption to services by way of construction etc. in respect of specified housing projects.
7. Notification to ensure that Information Technology Software is subjected to either central excise duty or service tax. To deal with assessment of media with recorded Information Technology Software, where RSP is affixed or assessment when RSP is not required.
8. Service provided by Container Train Operators.https://www.youtube.com/playlist?list=PLBi7MQvubmndN-lZd6rJ_ndVmhwWu1fCO