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of <h1>Service Tax Implementation Begins July 1, 2003, Under Finance Act 2003, per Notification No. 07/2003-ST.</h1> The Central Government, exercising its powers under the Finance Act, 1994, has designated July 1, 2003, as the commencement date for the imposition of service tax as per the provisions of the Finance Act, 2003. This decision is formalized in Notification No. 07/2003-ST, dated June 20, 2003, which specifies the effective date for the new levies introduced by the Finance Act, 2003.
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