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of <h1>Central Government Removes Exemption on Goods Transport by Road; Amends Service Tax Rates Under Section 93, Finance Act 1994.</h1> The Central Government has amended the effective rate of service tax by deleting entry number 6, which previously provided an exemption for the transport of goods by road. This change is executed under the powers granted by section 93 of the Finance Act, 1994. The amendment is part of Notification No. 12/2008-Service Tax, dated March 1, 2008, which modifies a prior notification from March 1, 2006. The principal notification had undergone its last amendment on August 23, 2007. This adjustment reflects a policy decision deemed necessary in the public interest.
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