* Master Circulars on Procedure and Technical Aspects. * Instruction contained in the Master Circulars incorporated in the appropriate chapters. * Specfic Instruction regarding availing of Cenvat Credit on Outward Freight. * Explains whole Gamut of Service Tax in Simple Language. * Incorporated the Provisions of the Finance Act 2007. * Notifications issued upto August 2007 Incorporated. * Full Coverage of Cenvat Credit of Service tax Paid with reference to Manufacturers and Service Providers * Initial Exemption discused in Detail:-Valuation - Import Services - Export of Services.