Mining of mineral oil or Gas
Renting of Immovable property for use in commerce or business.
Development and supply of content for use in telecom and advertising purposes.
Asset management services provided by individuals.
Design Services.
Services involved in execution of a works contract.
Optional composition scheme under which service tax will be levied at only 2% of the total value of the Works contract.
Exemption from Service Tax :
Services provided by resident welfare association to their members who contribute Rs.3,000/- or less per month.
Services provided by technology business incubators.
Incubators whose annual business turnover does not exceeds Rs.50 Lakh will be exempt from service tax for the first 3 years.
Charges for clinical trial on new drugs.