https://www.taxtmi.com/circulars?id=54032 Amendments expand the scope and administration of service tax by notifying newly taxable services and activating revised definitions and the charging provision; they merge multiple telecom service categories into a single telecommunication service and amend corresponding rules. Valuation rules for works-contract-related services are prescribed and an optional composition scheme is introduced. Rental services are exempt to the extent of property tax actually paid, with a self-adjustment mechanism for post-payment of property tax. Export and inbound service rules are updated to classify the newly specified services under the relevant rules. en-us Tue, 22 May 2007 00:00:00 +0530 Sat, 07 Nov 2015 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54032 Amendments expand the scope and administration of service tax by notifying newly taxable services and activating revised definitions and the charging provision; they merge multiple telecom service categories into a single telecommunication service and amend corresponding rules. Valuation rules for works-contract-related services are prescribed and an optional composition scheme is introduced. Rental services are exempt to the extent of property tax actually paid, with a self-adjustment mechanism for post-payment of property tax. Export and inbound service rules are updated to classify the newly specified services under the relevant rules. Circulars Service Tax Tue, 22 May 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54032