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<h1>Finance Bill 2004: New Service Tax on Exhibitions, Airports, and IP; 10% Rate with 2% Education Cess.</h1> The Finance Bill, 2004, introduced new services under the service tax levy, including business exhibition, airport services, and intellectual property services, among others. It expanded existing taxable services to include additional activities and entities, such as sub-brokers and multi-system operators. The service tax rate was set at 10%, with an education cess of 2%. Specific exemptions and abatements were detailed for services like outdoor catering and construction. The circular also clarified the scope of various services and the applicability of service tax, aiming to ensure smooth implementation and avoid double taxation.