TMI BlogAmendment of section 22.X X X X Extracts X X X X X X X X Extracts X X X X ..... d Services Tax Act, in sub-section (1), after the second proviso, the following shall be inserted, namely:-- "Provided also that the Government may, at the request of a State and on the recommendati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is engaged in exempt supply of services provided by way of extending deposits, loans or advances in so far as the consideration is represented by way of interest or discount.". *********** Notes:- ..... X X X X Extracts X X X X X X X X Extracts X X X X
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