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<h1>Section 67A: Service Tax and Exchange Rates Set at Time of Service Agreement per Finance Act 2012</h1> Section 67A, introduced by the Finance Act, 2012, specifies that the applicable rate of service tax, the value of a taxable service, and the rate of exchange shall be determined based on the rates in effect at the time the taxable service is provided or agreed to be provided. The term 'rate of exchange' is defined as per the explanation in section 14 of the Customs Act, 1962. This provision ensures that the applicable rates are clearly established at the time of the service transaction.