Service tax expansion: new specified services and widened definitions increase taxable coverage and modify exemptions. The Finance Act amendments expand the service tax base by specifying new taxable services (events exploitation, certain copyrights, employer/insurer paid health check ups, medical records maintenance, electricity exchange services, certain builder services, brand promotion, and games of chance), broaden existing service definitions (air transport, IT software, construction, renting of immovable property, airport/port services, sponsorship, auctioneers, ULIP management), and adjust procedural rules and exemptions. Changes include penalty clarification where tax plus interest is paid pre notice, definition of 'business entity', amendments to export/service rules, targeted exemptions, and withdrawal or restriction of specific exemptions, with varying effective dates.
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Provisions expressly mentioned in the judgment/order text.
Service tax expansion: new specified services and widened definitions increase taxable coverage and modify exemptions.
The Finance Act amendments expand the service tax base by specifying new taxable services (events exploitation, certain copyrights, employer/insurer paid health check ups, medical records maintenance, electricity exchange services, certain builder services, brand promotion, and games of chance), broaden existing service definitions (air transport, IT software, construction, renting of immovable property, airport/port services, sponsorship, auctioneers, ULIP management), and adjust procedural rules and exemptions. Changes include penalty clarification where tax plus interest is paid pre notice, definition of "business entity", amendments to export/service rules, targeted exemptions, and withdrawal or restriction of specific exemptions, with varying effective dates.
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