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<h1>India Amends Service Tax Notification: 75% Exemption for Commercial Construction Services, Effective July 1, 2010, under Finance Act, 1994.</h1> The Government of India has amended Notification No. 1/2006-Service Tax, granting a 75% exemption for Commercial or Industrial Construction services and Construction of Complexes, effective from July 1, 2010. This exemption applies if the value of land is included in the gross value. However, it excludes services related only to completion and finishing of buildings or complexes and cases where the land cost is separately charged to the buyer. The amendment is made under the Finance Act, 1994, to serve the public interest.