Amends Notification No.1/2006-Service Tax, dated 1st March, 2006- Seeks to prescribe effective rates of duty for specified services

 Amends Notification No.1/2006-Service Tax, dated 1st March, 2006- Seeks to prescribe effective rates of duty for specified services

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

Government of India

Ministry of Finance

Department of Revenue

New Delhi, the 28th June, 2010

Notification No. 40/2010-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), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 1/2006-Service Tax, dated the 1st March, 2006, G.S.R. 115(E), dated the 1 st March, 2006, with effect from the 1st day of July, 2010, namely:- 

 In the said notification, in the Table, 

(i)         in S.No.3 for the entry in column (2), for the letters and brackets “(o)”, letters and brackets “(o) or (zn) or (zzl) or (zzm)” shall be substituted;

(ii)        in S.No.5 for the entry in column (2), for the letters and brackets “(zzd)”, letters and brackets “(zzd) or (zn) or (zzl) or (zzm)” shall be substituted;

(iii)       in S.No.6 for the entry in column (2), for the letters and brackets “(zzp)”, letters and brackets “(zzp) or (zn) or (zzl) or (zzm)” shall be substituted;

(iv)      in S.No.7 for the entry in column (2), for the letters and brackets “(zzq)”, letters and brackets “(zzq) or (zn) or (zzl) or (zzm)” shall be substituted;

(v)       in S.No.7(a) for the entry in column (2), for the letters and brackets “(zzq)”, letters and brackets “(zzq) or (zn) or (zzl) or (zzm)” shall be substituted;

(vi)      in S.No.10 for the entry in column (2), for the letters and brackets “(zzzh)”, letters and brackets “(zzzh) or (zn) or (zzl) or (zzm)” shall be substituted;

(vii)     in S.No.10(a) for the entry in column (2), for the letters and brackets “(zzzh)”, letters and brackets “(zzzh) or (zn) or (zzl) or (zzm)” shall be substituted;

(viii)    in S.No.11 for the entry in column (2), for the letters and brackets “(zzzp)”, letters and brackets “(zzzp) or (zn) or (zzl) or (zzm)” shall be substituted.

(F. No. 334/03/2010-TRU)

(K.S.V.V. Prasad)

Under Secretary to the Government of India 

Note.-   The principal notification No.1/2006-Service Tax , dated the 1^st March 2006, was published vide number G.S.R.115(E), dated the 1^st March, 2006 and last amended vide notification No.29/2010-Service Tax dated the 22^nd June, 2010, published vide number G.S.R.535(E), dated the 22^nd June 2010.