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    <title>SERVICE TAX – LEGISLATIVE CHANGES EFFECTIVE FROM JULY 2010</title>
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    <description>Finance Act 2010, effective 1 July 2010, expands the scope of service tax to include new and amended services while introducing targeted exemptions and procedural notifications. Notifications issued on 22 June 2010 operationalise the changes by identifying taxable services, prescribing caps and abatements for air travel, exempting specified port, airport, construction, sponsorship and electricity distribution services, postponing rail goods transport levy, expanding the Cenvat definition of capital goods to include certain dumpers and tippers, and designating competent authorities for completion certificates.</description>
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    <pubDate>Fri, 25 Jun 2010 00:00:00 +0530</pubDate>
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      <description>Finance Act 2010, effective 1 July 2010, expands the scope of service tax to include new and amended services while introducing targeted exemptions and procedural notifications. Notifications issued on 22 June 2010 operationalise the changes by identifying taxable services, prescribing caps and abatements for air travel, exempting specified port, airport, construction, sponsorship and electricity distribution services, postponing rail goods transport levy, expanding the Cenvat definition of capital goods to include certain dumpers and tippers, and designating competent authorities for completion certificates.</description>
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