TaxTMI 
TaxTMI 
Amendment of Act 32 of 1994
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.... (5) "architect" means any person whose name is, for the time being, entered in the register of architects maintained under section 23 of the Architects Act, 1972 and also includes any commercial concern engaged in any manner, whether directly or indirectly, in rendering services in the field of architecture; (6) "assessee" means a person liable to pay the service tax and includes his agent; (7) "Board" means the Central Board of Excise and Customs constituted under the Central Boards of Revenue Act, 1963; (8) "body corporate" shall have the meanings assigned to it in or under clause (7) of section 2 of the Companies Act, 1956; (9) "cab" means a motor cab or maxi cab; (10) "caterer" means any person who supplies, either directly or indirectly, any food, edible preparations, alcoholic or non-alcoholic beverages or crockery and similar or accoutrements for any purpose or occasion; (11) "Central Excise Officer" has the meaning assigned to it in clause (b) of section 2 of the Central Excise Act, 1944. (12) "clearing and forwarding agent" means any person who is engaged in providing any service, either directly or ind....
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....g system of any organisation; (22) "mandap" means any immovable property as defined i section 3 of the Transfer of Property Act, 1882 and includes any furniture, fixtures, light fittings and floor coverings therein let our for consideration for organising any official, social or business function; (23) "mandap keeper" means a person who allows temporary occupation of a mandap for consideration for organising any official, social or business function; (24) "manpower recruitment agency" means any commercial engaged in providing any service, directly or indirectly, in any manner for recruitment of manpower, to a client. (25) "market research agency" means any commercial concern engaged in conducting market research in any manner, in relation to any product, service or utility, including all types of customised and syndicated research services; (26) "maxi cab" has the meaning assigned to it in clause (22) of section 2 of the Motor Vehicles Act, 1988; (27) "mechanised slaughter house" means a commercial concern engaged in the business of slaughtering of animals with the aid of machines; (28) "motor cab" has the meaning assig....
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.... (40) "security agency" means any commercial concern engaged in the business in the business of rendering services relating to the security of any property, whether movable or immovable, or of any person, in any manner and includes the services of investigation, detection or verification, of any fact or activity, whether of a personal nature or otherwise, including the services of providing security personnel; (41) "service tax" means tax leviable under the provisions of this chapter; (42) "ship" means a sea-going vessel and includes a sailing vessel; (43) "shipping line" means any person who owns or charters a ship and includes an enterprise which operates or manages the business of shipping; (44) "steamer agent" means any person who undertakes, either directly or indirectly:- (a) to perform any service in connection with the ship's husbandry or dispatch including the rendering of administrative work related thereto; or (b) to book, advertise or canvas for cargo for or on behalf of a shipping line; or (c) to provide container feeder services for or on behalf of a shipping line; (45) "stock-broker" mea....
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.... services, if any, rendered as a caterer; (n) to any person, by a tour operator in relation to a tour; (o) to any person, by a rent-a-cab scheme operator in relation to the renting of a cab; (p) to a client, by an architech in his professional capacity in any manner; (q) to a client, by an interior decorator in relation to planning, design or beautification of spaces, whether man-made or otherwise, in any manner; (r) to a client, by a management consultant in connection with the management of any organisation in any manner; (s) to a client, by a practicing charted accountant in his professional capacity, in any manner; (t) to a client, by a practicing cost accountant in his professional capacity, in any manner; (u) to a client, by a practicing company secretary in his professional capacity, in any manner; (v) to a client, by a real estate agent in relation to real estate; (w) to a client, by a security agency in relation to the security of any property or person, by providing security personal or otherwise and includes the provision of services of investigation, detection or verification of an....
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....-clauses (c), (e) and (f) of clause (48) of section 65 and collected in such manner as may be prescribed. (3) With effect from the date notified under section 88 of the Finance Act, 1997, there shall be levied a service tax at the rate of five percent of the value of the taxable service referred to in sub-clause (g), (h), (i), (j), (k), (i), (m), (n) of (o) of clause (48) of section 65 and collected in such manner as may be prescribed. (4) With effect from the date notified under section 116 of the Finance (No. 2) Act, 1998, there shall be levied a service tax at the rate of five percent of the value of the taxable services referred to in sub-clause (p), (q), (r), (s), (t), (u), (v), (w), (x), (y) and (z) of clause (48) of section 65 and collected in such manner as may be prescribed. (5) With effect from the date notified under section 116 of the Finance (No. 2) Act, 1998, there shall be lived a service tax at the rate of one thousand rupees per annum on the taxable service referred to in sub-clause (za) of clause (48) of section 65 and collected in such manner as may be prescribed."; (3) in section 67.- (i) in clause (b), for the word "receiv....
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.... the client for services rendered in connection with the security of any property or person, and includes services of investigation, detection or verification of any fact or activity including services of providing security personnel; (w) in relation to the service provided by a credit rating agency to a client, shall be the gross amount charged by such agency from the client for services rendered in connection with credit rating of any financial obligation, instrument or security in any manner; (x) in relation the service provided by a market research agency to a client, shall be the gross amount charged by such agency from the client for services rendered in connection with market research of any product, service or utility in any manner; (y) in relation to the service provided by an underwriter to a client, shall be the gross amount charged by such underwriter from the client fro services rendered in relation to underwriting in any manner."; (4) for sections 68 to 71, the following sections shall be substituted, namely:- "68. Payment of service tax.- (1) Every person providing taxable service to any person shall pay service tax at ....
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....e, apply, as if the notice were a notice issued under that sub-section", the words "serve on the assessee a notice and proceed to assess or reassess the value of the taxable service" shall be substituted; (7) for sections 75 to 77, the following sections shall be substituted, namely:- "75. Interest on delayed payment of service tax.- Every person, liable to pay that tax in accordance with the provisions of section 68 or rules made hereunder, who fails to credit the tax or any part thereof to the account of the Central Government within the period prescribed, shall pay simple interest at the rate of one and one-half per cent. for every month or part of the month by which such crediting of the tax or any part thereof is delayed. 76. Penalty for failure to pay service tax.- Any person, liable to pay service tax in accordance with the provisions of section 68 or the rules made hereunder, who fails to pay such tax shall pay in addition to paying such tax, and interest on that tax in accordance with the provisions of section 75, a penalty which shall not be less than one hundred rupees but which may extend to two hundred rupees for every day during ....