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<h1>Cost Accountants' Services in India Taxable: New Guidelines from August 23, 2007, Supersede Previous Clarifications</h1> The taxation framework for services provided by practicing cost accountants in India. It specifies that services rendered by cost accountants, who are members of the Institute of Cost and Works Accountants of India and hold a certificate of practice, are taxable. Initially, services were provided to clients until May 15, 2008, after which they could be provided to any person. The document also references a circular from August 23, 2007, which supersedes previous clarifications on service tax issues, including scope, classification, valuation, and exemptions.