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February 2013

Mega Exemption Notification amended Notification No. 49/2012 – Service Tax dated 24th December, 2012

By Tarun Ghia, Brijesh Cholera, Pratik Mehta, Chartered Accountants
Reading Time 1 mins
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Notification no.25/2012-Service Tax, dated the 20th June, 2012, regarding mega exemption has been amended by adding that services of life insurance business provided under the schemes of Janashree Bima Yojana (JBY) and Aam Aadmi Bima Yojana (AABY) are exempted u/s. 66B.

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