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<h1>Effective Date Set for Service Tax Amendments: October 16, 1998, Under Section 116 of Finance Act, 1998</h1> The Central Government, under the authority of section 116 of the Finance (No. 2) Act, 1998, has designated October 16, 1998, as the effective date for amendments to the Finance Act, 1994. These amendments pertain to the imposition of service tax as outlined in sub-sections 4 and 5 of section 66 of the Finance Act, 1994.