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of <h1>Madurai Commissionerate Amends Finance Bill 2001: Service Tax Clarifications on Vehicles, Port Services, Video Production, and Insurance.</h1> The circular from the Madurai Commissionerate outlines official amendments to the Finance Bill, 2001, concerning service tax. Key amendments include clarifying that service tax applies specifically to services related to motor cars and two-wheeled vehicles, rather than all automobiles. Port services now include those rendered by individuals authorized by the port. The definition of 'video-tape production' now explicitly includes both recording and editing processes. Insurance auxiliary services now cover services provided to insurers. The amendments also adjust the taxable value of services and penalties related to service tax compliance. Certain redundant provisions have been omitted.
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