Exemptions under Service Tax vide notifications dated 27-02-2010
- Packaged software, containing the user license in the pack, to be exempted from Service Tax provided the Excise duty/Custom duty has been paid.
- Specified Indian News Agencies providing ‘Online Information and Database Access or Retrieval Services’ and ‘Business Auxiliary Services’ to be exempted from Service Tax subject to a certain condition.
- Services in relation to transmission of electricity to be exempted from Service Tax.
- Exemption for ‘Erection, Commissioning or Installation Services’ provided in relation to: –Mechanised Food Grain Handling Systems,
–Equipment for setting up or substantial expansion of cold storage,
–Machinery or Equipment for initial setting up or substantial expansion of units for processing agricultural and other specified products. - Central or State Seed Testing Laboratory and Central or State Seed Certification Agency providing ‘Technical Testing and Analysis Services’ and ‘Technical Inspection and Certification Services’ to be exempted from Service Tax.
- Transport of specified goods by rail to be exempted from Service Tax with effect from 1 April 2010
The above changes will be effective from 27 February 2010, except as mentioned above.
Withdrawal/Amendments to exemption notifications
- The definition of vocational training institute for exemption under ‘Commercial Training or Coaching Services’ has been restricted to specified institutes.
- Amendments regarding applicability of service tax provisions to continental shelf and exclusive economic zones are as under:
