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April 2016

Government Exempted Services provided by Bio Incubators :

By Tarun Ghia, Pratik Mehta, Brijesh Cholera Chartered Accountants
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Notification No. 12/2016 dated 01. 03. 2016

Vide this Notification, services provided by Bio Technology Incubators which are approved by Biotechnology Industry Research Assistance Council (BIRAC) to the incubates are being exempted from Service Tax with effect from 1st April, 2016.

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