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    <title>Budget 2007 – Service Tax – Highlights with critical analysis</title>
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    <description>The exemption threshold for small service providers and the registration trigger are raised, while the service tax base is expanded to add or redefine taxable categories including renting of immovable property for business use, works contract services (with specified inclusions and infrastructure exclusions and a proposed composition option), mining, content development and supply, asset and fund management, and design services; scope amendments further adjust definitions for advertisement space, rent-a-cab, event and social-function related services, producing refund opportunities and raising compliance and litigation issues.</description>
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