Service Tax — 7 New Services & new provisions effective from 1-6-2007

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 2. Certain provisions relating to the levy of service tax in the Finance Act, 2007 shall come into force from a date to be notified. For this purpose, Notifications No. 23/2007 to 32/2007-Service Tax, all dated 22nd May, 2007 have been issued. 3. Seven services which are specifically mentioned in the category of taxable services and amendments made relating to existing taxable ser....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....cation related taxable services, namely telephone connection, pager, leased circuit, communication through telegraph, communication through telex and facsimile communication, with the merged "telecommunication service" [Notification No. 27/2007-Service Tax, dated 22-5-07 & Notification No. 28/2007-Service Tax, dated 22-5-07]. 5.1 Export of Services Rules, 2005 and the Taxation of Services ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ax on the rental. As a result, deduction of property tax paid from rental could not be availed of at the time of payment of service tax. In such cases, Rule 4C of the Service Tax Rules, 1994 provides self-adjustment of excess service tax paid without any limit [Notification No. 24/2007-Service Tax, dated 22-5-07]. 6.2 Commercial or industrial construction service, and services provided in ....