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    <title>Budget 2012-2013 – Service Tax Notifications</title>
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    <description>A series of Budget 2012-13 service tax notifications modify liability, rates, exemptions and compliance rules: they expand the reverse charge mechanism, prescribe effective post abatement service tax rates, grant targeted exemptions linked to section 66B concepts (including import of technology and specified services), amend valuation and Point of Taxation rules, adjust the Works Contract composition scheme rate, rescind a prior notification on effective rates, and extend exemption for clubs/associations providing common effluent and solid waste treatment facilities.</description>
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