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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Service Tax Notification Amended: Threshold Increased from Three Lakh to Seven Lakh Rupees Effective April 1, 2007.</h1> The Central Government has amended Notification No. 26/2005-Service Tax, dated June 7, 2005. The amendment, effective from April 1, 2007, changes the amount specified in paragraph 1, sub-paragraph (ii) from 'three lakh rupees' to 'seven lakh rupees.' This adjustment is made under the authority granted by sub-section (2) of section 69 of the Finance Act, 1994.