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of <h1>Ministry of Finance Withdraws Outdated Service Tax Circulars; Review Continues on Valuation Compliance with 2006 Rules.</h1> The circular announces the withdrawal of certain service tax circulars, clarifications, and instructions deemed outdated due to changes in law and procedures. Appointed by the Ministry of Finance, a review was conducted by a committee, which considered feedback from various stakeholders. The review led to the withdrawal of specific circulars, listed in the document, that have lost relevance. Remaining circulars are under examination, particularly those related to the valuation of taxable services, which must comply with the Service Tax (Determination of Value) Rules, 2006. Stakeholders are informed of these changes, with further decisions pending on other circulars.
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