The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued seven notifications relating to service tax so as to give effect to various provisions of the Finance Act, 2008.
2. Transaction between associated enterprises:
2.1 In the Finance Act, 2008, section 67 has been amended. As per this amendment, serv
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