https://www.taxtmi.com/circulars?id=1790 The Finance Bill expands the service tax base and adjusts thresholds: it raises exemption and registration limits for small providers, consolidates and newly specifies taxable services-notably telecommunication, mining, renting of immovable property for business, works contract services (with valuation rules and optional composition), content development for telecom/advertising/internet, non-banking asset/fund management, and design services-and amends definitions, exclusions and procedural rules. New targeted exemptions (RWAs, incubators/incubatees, CRO clinical trials, and digital cinema delivery) and amendments to CENVAT, export rules, registration, return revision and reverse-charge mechanisms are also provided. en-us Thu, 01 Mar 2007 00:00:00 +0530 Thu, 05 Jan 2012 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1790 The Finance Bill expands the service tax base and adjusts thresholds: it raises exemption and registration limits for small providers, consolidates and newly specifies taxable services-notably telecommunication, mining, renting of immovable property for business, works contract services (with valuation rules and optional composition), content development for telecom/advertising/internet, non-banking asset/fund management, and design services-and amends definitions, exclusions and procedural rules. New targeted exemptions (RWAs, incubators/incubatees, CRO clinical trials, and digital cinema delivery) and amendments to CENVAT, export rules, registration, return revision and reverse-charge mechanisms are also provided. Circulars Service Tax Thu, 01 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1790