Exemptions under Service Tax with Effect
from 01-07-2012
Sl. No.
|
Category
|
Exemption
|
Notification
No 25/2012-ST
|
||
20
|
Transport by Rail
|
Transportation
by Rail or Vessel of following goods
1.
Petroleum
2.
Relief material for victims of calamities
3.
Defense equipment
4.
Postal mail or mail bags
5.
Household effects
6.
Registered news paper or magazines
7.
Railway equipment
8.
Agricultural produce
9.
Foodstuff
10. Chemical fertilizers
& oilcakes
|
21
|
Goods Transport Agency
|
Service by
GTA for transportation of
1.
Fruits, Vegetables, eggs, milk, food grains,
pulses in a goods carriage
2.
Goods where amount <= ₹1500 in a single goods
carriage
3.
Goods where amount <= ₹ 750 for single
consignee
|
22
|
Hire
|
Giving on
Hire to
1.
State transport undertaking- motor vehicle to
carry more than 12 passenger
2.
GTA a means of transportation of Goods.
|
23
|
Transport of Passengers
|
Transport
of passengers by
1.
Air, embarking from or terminating in an air port
located in Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland,
Sikkim, Tripura, Bagdogra.
2.
Contract carriage excluding tourism, conducted
tours, charter or hire
3.
Ropeway, cable, car aerial tramway.
|
24
|
Parking
|
Vehicle
parking to general public excluding leasing of spaces to entity providing
such facility.
|
25
|
Public Utility service
|
Service
provided to
Government,
Local authority by way of
1.
Function of municipality in relation to water
supply, public health, sanitation, conservancy, solid waste, slum
improvement, up gradation
2.
Repair, maintenance of vessel or an aircraft
|
26
|
General insurance services
|
GIS for
Specified schemes generally for rural development activities
|
27
|
Service by Incubatee
|
Service by
incubate having turnover up to 50lakh rupees up to 3 years of agreement.
|
28
|
Un-incorporated body or NPE
|
Services by
un-incorporated body or NPE to its own Members by way of reimbursement of
charges or share of contribution
1.
As trade Union
2.
For provision of activity exempt from levy of
service tax
3.
Up to ₹5000 per month per member for sourcing of
goods or services from 3rd party for common use in a housing
society or residential complex.
|
29
|
Person in securities Market
|
Services by
person in their respective capacity
1.
Sub-broker, authorized person to stock broker
2.
Authorized person to member of commodity exchange
3.
Mutual fund agent to mutual fund co.
4.
Distributor to mutual fund
5.
Selling agent of lottery tickets to distributor
6.
Selling agent of SIM cards or recharge vouchers
7.
Business facilitator to banking company or
insurance co. in rural areas
8.
Sub-contractor providing works contract services
to another contractor providing Exempt works contract services
|
30
|
JOB-WORK
|
Intermediate
production process as Job Work in relation to
1.
Agriculture, Printing, Textile Processing
2.
Cut & polished diamond and gemstones, plain
& studded jewellery
3.
Any goods on which appropriate duty is payble by
principal manufacturer
4.
Process of electroplating, anodizing, powder
coating etc, during course of manufacture of parts of cycle or sewing
machines up to value of taxable service of 150lakh rupees in a F/Y provided
value had not exceeded 150lakh in preceding F/Y
|
31
|
Business Exhibition
|
Service by
organizer to any person for business exhibition held OUT SIDE INDIA
|
32
|
Telephone Calls
|
Making
Telephone calls from
1.
Department run public telephone
2.
Guaranteed public telephone for local calls only
3.
Free telephone at air port & hospital without
bills
|
33
|
Slaughtering of Animals
|
Slaughtering
of Animals
|
34
|
Provider located in NON-Taxable Territory
|
Service
provider located in Non-Taxable territory & received by
1.
Government for purpose other than commercial
2.
Any entity registered under 12AA i. Tax Act.
3.
A person located in Non-Taxable territory.
|
35
|
Libraries
|
Service of
public libraries by way of
Lending of
books, Publication or any-other knowledge enhancing content or material
|
36
|
ESIC
|
ESIC to
person under E. Insurance Act
|
37
|
Transfer of going concern
|
Transfer of
going concern as a whole or independent part
|
38
|
Public Convenience
|
Public
convenience such as bathroom, washroom, lavatories, urinals, toilets
|
39
|
Function entrusted to municipality
|
Service by
a governmental authority by way of activity in relation to any function
entrusted to municipality under article 243W of constitution.
|
Notification
No 27/2012-ST
|
||
1
|
Foreign Diplomatic Mission
|
Services
Provided by any person
for the
official use of a FDM or consular
post in
India or
for
personal use
|
Notification
No 29/2012-ST
|
||
1
|
Property Tax
|
Service of
renting of immovable property
Service tax
exempt by amount
Service tax
calculated – [service tax on (GAV-property Tax)] ie. Service tax on property
tax portion.
|
Notification
No 31/2012-ST
|
||
1
|
Exporter of Goods- GTA
|
Services to
exporter
For
transport of goods by GTA
In a goods
carriage
From where
goods are exported.
|
Notification
No 32/2012-ST
|
||
1
|
TBI/ STEP
|
Services
provided to/by a TBI or STEP
|
Notification
No 33/2012-ST
|
||
1
|
Small service providers
|
Aggregate
value not exceeding ₹10,00,000 in a F/y
|
Notification
No 40/2012-ST
|
||
1
|
SEZ
|
Services
received by SEZ or Developer of SEZ
|
Notification
No 42/2012-ST
|
||
1
|
Exporter of goods- Foreign commission agent
|
Commission
agent located outside India
Engaged by
exporter in India
To cause
sale of goods exported by him
Not liable
to pay service tax
As in
excess of service tax calculated
On a value
up to
10% of FOB
value of export goods
|
Notification
No 43/2012-ST
|
||
1
|
Transport of Goods 7 Passenger by Indian Railway
|
Service by
Indian railway for transport of passenger or goods
Till 30th
September
|
_________________________________________________________________
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