SERVICE TAX ON TAXABLE SERVICES REDUCED FROM 12 PERCENT TO 10 PERCENT
(This Notification has been Rescind vide NTF. NO. 02/2012-ST, DT. 17/03/2012 wef 01/04/2012)
NTF. NO. 08/2009-ST, DT. 24/02/2009
SERVICE TAX ON TAXABLE SERVICES REDUCED FROM 12 PERCENT TO 10 PERCENT
In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereina fter referred to a s the Finance Act), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts all the taxable services specified in sub-section 105 of section 65 of the Finance Act from so much of service tax leviable there on under section 66 of the Finance Act, as is in excess of the rate of ten per cent of the value of taxable services.
F. No. 354/210/2008-TRU(part)
Sd/-
(Unmesh Sharad Wagh)
Under Secretary to the Government of India