(II) Section 66 pertaining to “Charge of service tax” is being amended to include the services which are individually specified as taxable services in this year’s Finance Bill All the above mentioned amendments in section 65 and section 66 will come into effect from a date to be notified after the enactment of the Finance Bill, 2008. (III) Exemptions from service tax: (1) The annual threshold limit of service tax exemption for small service providers has been increased from the present level of Rs.8 lakh to Rs.10 lakh with effect from 01.04.2008, provided that the aggregate value of taxable services rendered by such provider of taxable service from one or more premises, does not exceed Rs.10 lakh in the preceding financial year. [refer notification No. 8/2008-Service Tax, dated 01.03.2008] Consequent upon increase in threshold limit of exemption from Rs.8 lakh to Rs.10 lakh, notification No.26/2005-Service Tax dated 07.06.05 and notification No.27/2005- Service Tax dated 07.06.05 have been amended to raise the limit for obtaining service tax registration from Rs.7 lakh to Rs.9 lakh. [refer notification No. 9/2008-Service Tax, No. 10/2008-Service Tax, and No.11/2008-Service Tax, all dated 01.03.2008] These changes will come into effect from 1st April, 2008.