Service tax registration threshold increased for a specified special category, changing required amount and effective from April.
The notification amends Form ST 1 (serial number 4, category (b)(ii)) by substituting the existing monetary threshold wording with a higher monetary wording under rule 3 of the Service Tax (Registration of Special Category of Persons) Rules, 2005; the amendment is effective from 1 April 2007 and forms part of Notification No. 32/2005-Service Tax.

Service Tax registration threshold increased for special category persons, raising the turnover limit for mandatory registration.
Amendment revises the registration threshold for special category persons under the Service Tax (Registration of Special Category of Persons) Rules, 2005 by substituting the previously specified monetary limit in the relevant rule with a new, higher monetary ceiling, thereby altering the turnover-based registration criterion and specifying the effective date in the notification.

Service Tax threshold change increases the registration limit under the Finance Act notification, effective from the notified commencement date.
Amendment to Notification No.26/2005 substitutes the monetary threshold in paragraph 1(ii) with a higher amount by authority of sub-section (2) of section 69 of the Finance Act, 1994. Issued as Notification No.5/2007-Service Tax, the amendment was published in the Gazette and takes effect from the notified commencement date, thereby changing the operative eligibility/threshold for the relevant service tax provision.

Service tax monetary threshold increase amends notification to raise specified limits and takes effect on April first.
The government amends Notification No. 6/2005-Service Tax by substituting the existing monetary threshold wording in paragraph 1, sub paragraph (viii) of paragraph 2, and all occurrences in paragraph 3 with higher monetary limits; the substitution is a textual change of specified monetary expressions and takes effect on the first day of April following publication.

Sponsorship service brought within service tax scope when provided to Indian corporate or firm by amendment.
Substitution of sub paragraph (vi) in paragraph (A) of Notification No.36/2004 Service Tax classifies sponsorship service as covered by the notification when provided to a body corporate or firm located in India; the amendment is made under powers conferred by the Finance Act, 1994 and includes a commencement provision bringing the substitution into force from the first day of April.

Export of Service: treated as export when provided from India, used outside India and paid in convertible foreign exchange.
A taxable service shall be treated as export of service when the following conditions are satisfied: the service is provided from India and used outside India; and payment for such service is received by the service provider in convertible foreign exchange. "India" for this rule includes designated areas in the continental shelf and Exclusive Economic Zone as declared by Government notifications.

Adjustment of excess service tax payments permitted with conditions and limits, and revised returns allowed to correct mistakes.
Amendments clarify that for sponsorship service provided to an Indian body corporate or firm, the recipient is liable; permit an "intimation" in lieu of or alongside application forms; allow adjustment of excess service tax payments against succeeding liabilities subject to specified conditions and limits and mandatory intimation to the jurisdictional Superintendent; authorise submission of a revised return in Form ST-3 within a limited period with the revised submission date as the relevant date for recovery; and amend Forms ST-1, ST-2 and ST-3 to revise documentary and acknowledgement requirements.