TY - GEN AU - SALIM, MOHAMMAD TI - Service tax on director services to companies PY - 2012/// KW - TAXATION N2 - The new changes ushered by finance act 2012 are a paradigm shift the exitsting system where nly services of specified descriptions were subjected to tax. In the new system effective from 1st july, 2012, all services, except those specified in thenegative list, will be subject to taxation. In addition to this certain services have also been exempted through Mega Exemption Notification No. 25/2012-ST dated 20-06-2012. Due to the transition from positive list to negative list based taxation, many services which were hitherto utside the tax net, have now become taxable ER -