Clause 75 - Amendment of Act 32 of 1994

Service tax scope expansion: new taxable services and definitions broaden chargeability under finance legislation.

Amendments expand taxable services by defining 'business entity' and 'port service', revising numerous clause (105) entries to treat port and airport services and certain builder construction activities as taxable, and adding new taxable categories including sponsorship, air passenger transport, government auctions, renting for business use, employer funded health services, medical records storage, brand promotion, event commercialization, electricity exchange trading, copyright transfers, and preferential location charges. The amendments add these services to the taxable list, limit penalties for payments under the amended subsection, and grant the Central Government one year power to remove implementation or valuation difficulties.