Vide Notification No. 15/2012 dated 17.03.2012, the Ministry of Finance has specified that in respect of services provided by an individual advocate to any business entity, the service-tax payable by the advocate shall be Nil and that the person receiving the service shall pay 100% of the tax.
Paragraph 3 of the Notification states that it shall come into force from the date on which section 66B of the Finance Act, 1994 comes into effect. S. 66B of the Finance Act, 1994 is proposed to be inserted by clause 143 (F) of the Finance Bill 2012 with effect from such date as may be notified by the Central Government. Consequently, Notification No. No.15/2012-Service Tax dated 17.3.2012 will come into effect only after the Finance Bill 2012 is passed and the Central Government issues a notification bringing it into force.