Based on recommendations made by Chelliah Committee on Tax Reforms, Service Tax was introduced for the first time in the year 1994. It is a Union levy, with a selective approach whereby it is applicable to selected categories of services.
There is no separate statute for service tax, instead it is governed by Chapter V and Chapter VA [Section 64 to 96(I)] of Finance Act, 1994.
The Act extends to the whole of India (including the designated areas in the Continental Shelf and Exclusive Economic Zone of India) except the State of Jammu & Kashmir.
The Excise Department of the Central Government administers the Act.
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