Amendments and clarifications on specified entries of Finance Act, 1994

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, (EXTRAORDINARY), 1PART II, SECTION 3, SUB-SECTION (i)]

Government of India
Ministry of Finance
(Department of Revenue)
Notification
New Delhi, the 1st March, 2013

No.4/2013 – Service Tax

G.S.R….(E)- In exercise of the powers conferred under sub-clause (iii) of clause (b) of section 96A of the Finance Act, 1994 (32 of 1994), the Central Government hereby specifies the resident public limited company as class of persons for the purposes of the said clause.

Explanation.- For the purposes of this notification,-

(a) public limited company shall have the same meaning as is assigned to public company in clause (iv) of sub-section (1) of
section 3 of the Companies Act, 1956 (1 of 1956) and shall include a private company that becomes a public company by virtue of
section 43A of the said Act;

(b) resident shall have the same meaning as is assigned to it in clause (42) of section 2 of the Income-tax Act, 1961 (43 of 1961) in
so far as it applies to a company.

[F.No. 334 /3/ 2013-TRU]
(Raj Kumar Digvijay)
Under Secretary to the Government of India