The Indian Service Tax law has been ever evolving since its introduction in 1994. A tax which started with three services now has more than 100 services under its ambit. In addition, the legislation has also undergone changes with respect to introduction of CENVAT credit mechanism, Export of Service Rules and Import of Service Rules, leading to a substantial increase in the legislative provisions.
This publication is an attempt to consolidate the legislative provisions on service tax and present them in a structured manner.
This current publication (2010 edition) is the third in the series and ever since it was first published in 2006, this publication is highly appreciated by the clients and the Revenue Department and has proved as a very handy service tax reckoner for the users.