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of <h1>India's Finance Act 1994 Update: Proviso to Section 65 Ends July 1, 2012, No Impact on Past Actions.</h1> The Government of India, through the Ministry of Finance, issued Notification No. 20/2012-Service Tax, stating that the proviso to section 65 of the Finance Act, 1994, will cease to apply starting from July 1, 2012. This change will not affect actions taken or omitted before this date. The notification was authorized by the Central Government under the powers conferred by the Finance Act and was published in the Gazette of India on June 5, 2012.
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