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<h1>Service Tax Rules Define Key Terms, Liabilities, and Exclusions for Aggregators, Financial Institutions, and Service Providers</h1> The Service Tax Rules, 1994, define key terms related to service tax under the Finance Act, 1994. An 'aggregator' is a person who manages a web-based application connecting customers with service providers, excluding those facilitating hotel rentals under certain conditions. 'Assessment' includes various forms of tax assessments. Definitions are provided for terms like 'banking company,' 'body corporate,' 'brand name,' 'financial institution,' and 'goods carriage.' The rules specify who is liable for paying service tax across different service types, such as insurance, legal, sponsorship, and online services, and outline conditions for intermediaries and non-taxable territories.