In exercise of the powers conferred by Section 93 of the Finance Act, 1994 (32 of 1994), the Central Government,

Indian Service Tax

Notifications

Exemption

[Notification No. 9/2002-ST, dt. 01/08/2002]

In exercise of the powers conferred by Section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable service provided, by an insurer carrying on life insurance business, to a policy holder in relation to life insurance business from the whole of the service tax leviable thereon under

2. This notification shall come into force on the 16th day of August, 2002.

Note:- The above Noti. No. 9/2002-ST, dt. 1/8/2002 is rescinded by Noti. No. 23/2004-ST, dt. 10/9/2004.

[Notification No. 23/2004-ST, dated 10/09/2004]

In exercise of the powers conferred by section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the/public interest so to do, hereby rescinds the notifications of the Government of/India in the Ministry of Finance (Department of Revenue), No. 4/99-Service Tax, dated the 28th February, 1999 [G.S.R. 187 (E), dated the 28th February, 1999] and No. 9/2002-Service Tax, dated the 1"1 August, 2002 [G.S.R. 537 (E), dated the 1st August, 2002], except as respects things done or omitted to be done before such rescission.

Prior to 10/9/2004

[Notification No. 25/2004-ST, dated 10/9/2004]

For full text see under "Banking & Other Financial Services".