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Clarification regarding leviability of Service Tax in respect of services provided by arbitral tribunal and members of such tribunal

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..... शुल्क , केन्द्रीय उत्पाद शुल्क एंव सेवाकर ११३ / ४ , संजय प्ले&# .....

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..... 2.1. Services provided by an arbitral tribunal to (i) any person other than a business entity; or (ii) a business entity with a turnover up to rupees ten lakh in the preceding financial year, are exempt from services tax (Entry 6(a) of Notification No. 25/2012-ST refers). Arbitral tribunal has been assigned the same meaning in the exemption Notification No. 25/2012-ST (paragraph 2(c)) as in .....

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..... 0/2012-ST (S'. No. 4) refer. There is no change in the Budget 2016-17 with respect to the said provisions. 4. Any reference in Service Tax law to an arbitral tribunal necessarily includes the natural persons on the arbitral tribunal, by virtue of clause (d) of Section 2 of the Arbitration and Conciliation Act, 1996. Services are provided or agreed to be provided by the panel of .....

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