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<h1>Service Tax Begins on July 1, 1994, Under Chapter V of the Finance Act, 1994 Per Notification No. 1/94-S.T.</h1> The Central Government, exercising its powers under the Finance Act, 1994, has designated July 1, 1994, as the commencement date for Chapter V of the Act. This chapter pertains to the imposition of service tax. The notification, identified as No. 1/94-S.T. and dated June 28, 1994, officially marks the beginning of the service tax levy from the specified date.