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<h1>Finance Act 2007 introduced 1% Education Cess on services under section 66; omitted by Finance Act 2015.</h1> The Finance Act, 2007 introduced a Secondary and Higher Education Cess on taxable services at a rate of one percent, calculated on the tax levied under section 66 of the Finance Act, 1994. This cess was in addition to the existing tax on taxable services and the Education Cess under the Finance (No. 2) Act, 2004. The provisions and rules of Chapter V of the Finance Act, 1994, including those related to refunds, exemptions, and penalties, were applicable to this cess. The cess was omitted by the Finance Act, 2015, effective from June 1, 2015.