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SERVICE TAX REVISED MEGA EXEMPTION LIST

Service Tax - By: - Mr.M. GOVINDARAJAN - Dated:- 12-3-2015 Last Replied Date:- 14-3-2015 - Vide Notification No.25/2012-Service Tax, dated 20.06.2012 the Central Government has exempted many of the services from the levy of service tax. This notification is called as Mega Exemption Notification since the exemption is considerably high. Subsequently many notifications were issued in relation to mega exemptions. In some notifications the exemption granted were withdrawn. Through some notification .....

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Notification No. 02/2014 - Service Tax January 30, 2014; Notification No.06/2014 - Service Tax dated 11th July, 2014; Notification No.17/2014 - Service Tax, the 20th August, 2014; Notification No. 06/2015 -Service Tax, Dated 1-3-2015. The services newly given exemption vide Notification No. 6/2015 will come effect from 01.03.2015. The list of services that are coming mega exemption as on date is furnished as below: Services provided to the United Nations or a specified international organiza .....

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ces provided by operators of the Common Bio-medical Waste Treatment Facility to a clinical establishment by way of treatment or disposal of bio-medical waste or the processes incidental thereto; Services by a veterinary clinic in relation to health care of animals or birds;; Services by an entity registered under section 12AA of the Income tax Act, 1961 (43 of 1961) by way of charitable activities; Services by a person by way of- renting of precincts of a religious place meant for general p .....

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to,- an advocate or partnership firm of advocates providing legal services ; any person other than a business entity; or a business entity with a turnover up to rupees ten lakh in the preceding financial year; or c. person represented on an arbitral tribunal to an arbitral tribunal; Services by way of training or coaching in recreational activities relating to arts, culture or sports;; Services provided,- by an educational institution to its students, faculty and staff; to an educationa .....

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Corporation; an assessment agency approved by the Sector Skill Council or the National Skill Development Corporation; a training partner approved by the National Skill Development Corporation or the Sector Skill Council in relation to (a) the National Skill Development Programme implemented by the National Skill Development Corporation; or (b) a vocational skill development course under the National Skill Certification and Monetary Reward Scheme; or (c) any other Scheme implemented by the Nat .....

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ation of Indian Universities, Inter-University Sports Board, School Games Federation of India, All India Sports Council for the Deaf, Paralympic Committee of India or Special Olympics Bharat; by Central Civil Services Cultural and Sports Board; as part of national games, by Indian Olympic Association; or under Panchayat Yuva Kreeda Aur Khel Abhiyaan (PYKKA) Scheme; Services provided to the Government, a local authority or a governmental authority by way of construction, erection, commissioni .....

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ction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of,- a road, bridge, tunnel, or terminal for road transportation for use by general public; a civil structure or any other original works pertaining to a scheme under Jawaharlal Nehru National Urban Renewal Mission or Rajiv Awaas Yojana; a building owned by an entity registered under section 12 AA of the Income tax Act, 1961(43 of 1961)and meant predominantly for religious use .....

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ved by competent authority empowered under the Scheme of Affordable Housing in Partnership framed by the Ministry of Housing and Urban Poverty Alleviation, Government of India; post- harvest storage infrastructure for agricultural produce including a cold storages for such purposes; or mechanized food grain handling system, machinery or equipment for units processing agricultural produce as food stuff excluding alcoholic beverages; Services provided by way of temporary transfer or permitting .....

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ed that the exemption shall not apply to service provided by such artist as a brand ambassador. Services by way of collecting or providing news by an independent journalist, Press Trust of India or United News of India; Services by a hotel, inn, guest house, club or campsite, by whatever name called, for residential or lodging purposes, having declared tariff of a unit of accommodation below one thousand rupees per day or equivalent Services provided in relation to serving of food or beverage .....

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in India to another of the following goods - relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap; defence or military equipments; newspaper or magazines registered with the Registrar of Newspapers; railway equipments or materials; agricultural produce; milk, salt and food grain including flours, pulses and rice; chemical fertilizer, organic manure and oil cakes; cotton, ginned or baled. Services provided by a goods transport agency, by w .....

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agazines registered with the Registrar of Newspapers; relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap; or defence or military equipments cotton, ginned or baled. Services by way of giving on hire - to a state transport undertaking, a motor vehicle meant to carry more than twelve passengers; or to a goods transport agency, a means of transportation of goods; Transport of passengers, with or without accompanied belongings, by - air, em .....

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sanitation conservancy, solid waste management or slum improvement and up-gradation; or repair or maintenance of a vessel; Services of general insurance business provided under following schemes - Hut Insurance Scheme; Cattle Insurance under Swarnajaynti Gram Swarozgar Yojna (earlier known as Integrated Rural Development Programme Scheme for Insurance of Tribals Janata Personal Accident Policy and Gramin Accident Policy; Group Personal Accident Policy for Self-Employed Women; Agricult .....

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ima Yojana; or Coconut Palm Insurance Scheme; services of life insurance business provided under following schemes - Janashree Bima Yojana (JBY); or Aam Aadmi Bima Yojana (AABY) life micro-insurance product as approved by the Insurance Regulatory and Development Authority, having maximum amount of cover of fifty thousand rupees Varishtha Pension Bima Yojana; Services provided by an incubatee up to a total turnover of fifty lakh rupees in a financial year subject to the following condition .....

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he levy of service tax; or up to an amount of five thousand rupees per month per member for sourcing of goods or services from a third person for the common use of its members in a housing society or a residential complex; Services by the following persons in respective capacities - sub-broker or an authorized person to a stock broker; authorized person to a member of a commodity exchange; selling agent or a distributer of SIM cards or recharge coupon vouchers; business facilitator or a b .....

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se Tariff Act ,1985 (5 of 1986); any goods excluding alcoholic liquors for human consumption,] on which appropriate duty is payable by the principal manufacturer; or processes of electroplating, zinc plating, anodizing, heat treatment, powder coating, painting including spray painting or auto black, during the course of manufacture of parts of cycles or sewing machines up to an aggregate value of taxable service of the specified processes of one hundred and fifty lakh rupees in a financial yea .....

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or any other business or profession; an entity registered under section 12AA of the Income tax Act, 1961 (43 of 1961) for the purposes of providing charitable activities; or a person located in a non-taxable territory; Services of public libraries by way of lending of books, publications or any other knowledge- enhancing content or material; Services by Employees State Insurance Corporation to persons governed under the Employees Insurance Act, 1948 (34 of 1948); Services by way of transf .....

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