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Service Tax

CBEC likely to notify New Services by Tuesday, but only w.e.f. 15th June 2010

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Everyone is anxious to know from which date New services covered by Union Budget 2010 will be taxable as CBEC has  not yet issued any circular/Notification or press release on the same. We learnt from our sources that CBEC will notify the dates, from which new services will be taxable on 01st June 2010. It is also learnt that New services will be taxable from 15th June 2010.

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