Threshold limit of Rs. 4 lakhs exemption has been increased to Rs. 8 lakhs with effect from 1-4-2007. [Notification No. 4/2007-Service Tax dated 01.03.2007].

Correction in Export of Services Rules, 2005. Sub Rule (2) of Rule 3 has been substituted with effect from 1-3-2007 [Notification No. 2/2007-Service Tax dated 01.03.2007].

Service tax exemption threshold increased, widening relief for small service providers; Export of Services Rules amendment corrected procedural provision. Increase in the service tax exemption threshold expands relief to smaller service providers, effective from the notified commencement date; and Sub rule (2) of Rule 3 of the Export of Services Rules, 2005 has been substituted by notification, correcting the export of services regulatory provision effective from its notified commencement date.