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of <h1>Service Tax Clarification: Machinery Installations Taxable; IT Services Exempt; Free Services Zero Tax.</h1> The circular addresses service tax implications on various services effective from July 1, 2003. It clarifies that installation of machinery like booster pumps and air conditioners is taxable, while simpler installations like water tanks are not. Exemptions are outlined for non-commercial agencies and specific contracts. IT services related to computer operations are excluded from Business Auxiliary Services tax, but services like payroll processing are taxable. Maintenance services prior to July 1, 2003, are exempt, and foreign exchange broking by non-banking entities is taxable. Services rendered free of charge incur no tax due to zero value.
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