Government of India
Ministry of Finance
(Department of Revenue)
New Delhi, the 17th March, 2012
Notification No.5/2012 - 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.6/2005-Service Tax,
dated the 1st March, 2005, published in the Gazette of India, Extraordinary,
Part II, Section 3, Sub-section (i), vide G.S.R. number 140(E), dated the 1st
March, 2005, namely:-
In the said notification, in the Explanation, for item (B), the following
item shall be substituted, namely:-
„(B) “aggregate value” means the sum total of value of taxable services
charged in the first consecutive invoices issued or required to be issued, as
the case may be, during a financial year but does not include value charged in
invoices issued towards such services which are exempt from whole of service tax
leviable thereon under section 66 of the said Finance Act under any other
notification'.
2. This notification shall come into force on the 1st day of April, 2012.
(Samar Nanda)
Under Secretary to the Government of India
[F. No. 334/1/2012 -TRU]
Note.- The principal notification
No.6/2005-Service Tax,
dated the 1st March, 2005 which was published in the Gazette of India,
Extraordinary, vide number G.S.R.140(E), dated the 1st March,2005 and was last
amended vide notification
No. 8/2008-Service Tax, dated the 1st March, 2008 vide
number G.S.R. 152(E), dated the 1st March, 2008.