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Wednesday, February 25, 2009

Notification for reduction in Service Tax Rate to 10 pc

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

New Delhi, dated the 24th February, 2009

Notification No. 8 /2009 – Service Tax


G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as 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.



(Unmesh Sharad Wagh)
Under Secretary to the Government of India
[F. No. 354/210/2008-TRU(part)]
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