No Service Tax on Service provided by an insurer carrying on General Insurance Business to any person for providing insurance under the Rashtriya Swasthya Bima Yojana.
Relevant notification is reproduced here:
Notification No. 7/2011 – Service Tax New Delhi, the 1stMarch, 2011
G.S.R. (E) - In exercise of the power conferred by sub-section (1) of section 93 of the Finance
Act, 1994 (32 of 1994) (hereinafter referred to as the Finance Act), the Central Government, on being
satisfied that it is necessary in the public interest so to do, hereby exempts the taxable service
specified in sub-clause (d) of clause (105) of section 65 of the Finance Act, provided by an insurer
carrying on General Insurance Business to any person for providing insurance under the Rashtriya
Swasthya Bima Yojana from the whole of the service tax leviable thereon under section 66 of the
Finance Act.
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