Are there any other General Exemptions for Service Tax? - The following general exemptions from payment of whole of the amount of Service Tax are available for the Service Providers:- Services provided to the United Nations or International Organisations (Notification No.16/2002-ST dated 02.08.2002). Services provided to a developer of Special Economic Zone or a unit of Special Economic Zone as prescribed in the notification.(Notifn. No.04/2004-ST dated 31.03.2004). The value of the goods and materials sold by the service provider to the recipient of the service is exempted from payment of the Service Tax, if there is a documentary proof specifically indicating the value of the goods and materials and no credit of duty paid on such goods and material sold, has been taken under the provisions of CENVAT Credit rules, OR where such credit has been taken by the service provider on such goods and materials, but such service provider has paid the amount equal to such credit availed before the sale of such good and materials. (Notifn.12/2003-ST dated 20.06.2003 as amended from time to time). Exemptions to Diplomatic Missions for official use of taxable services and also to the officers and their families of a Diplomatic Mission for personal use of taxable services- Refer Notification Nos. 33/2007-ST and 34/2007-ST, both dated 23.5.2007. Specified taxable services, as listed below, received by an exporter and used for export of goods (Notification No. 17/2009 dated 07.07.2009 as amended). Under this notification, the service tax paid by an exporter on these services is refunded to the exporter on compliance of conditions mentioned in that notification. 1. General Insurance 2. Port Service 3. Technical Testing & analysis 4. Technical Inspection & Certification 5. Other Ports 6. Transport of Goods by Road (Goods Transport Agency)[from the inland container depot to the port of export] 7. Transport of goods in containers by Rail [from the inland container depot to the port of export] 8. Cleaning Service 9. Storage & Warehousing 10. Courier 11. Transport of Goods by Road (Goods Transport Agency)[directly from the place of removal, to inland container depot or port or airport,] 12. Transport of goods in containers by Rail [from the place of removal to inland container depot or port or airport] 13. Custom House Agent 14. Banking & other Financial Services 15. Business Auxiliary Services 16. Service of sale or purchase of foreign currency including money changing by a banking company or financial institution including non-banking financial company or a body corporate or a financial concern. 17. Service of sale and purchase of foreign currency including money changing provided by a person other than those referred at S.No 16. 18. Service of supply of tangible goods for use without transferring the right of possession and effective control. 19. Clearing and forwarding service 20. Terminal handling charges. - Service Tax Interview Questions and Answers

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Question: Are there any other General Exemptions for Service Tax?

Answer: The following general exemptions from payment of whole of the amount of Service Tax are available for the Service Providers:-

Services provided to the United Nations or International Organisations (Notification No.16/2002-ST dated 02.08.2002).

Services provided to a developer of Special Economic Zone or a unit of Special Economic Zone as prescribed in the notification.(Notifn. No.04/2004-ST dated 31.03.2004).

The value of the goods and materials sold by the service provider to the recipient of the service is exempted from payment of the Service Tax, if there is a documentary proof specifically indicating the value of the goods and materials and no credit of duty paid on such goods and material sold, has been taken under the provisions of CENVAT Credit rules, OR where such credit has been taken by the service provider on such goods and materials, but such service provider has paid the amount equal to such credit availed before the sale of such good and materials. (Notifn.12/2003-ST dated 20.06.2003 as amended from time to time).

Exemptions to Diplomatic Missions for official use of taxable services and also to the officers and their families of a Diplomatic Mission for personal use of taxable services- Refer Notification Nos. 33/2007-ST and 34/2007-ST, both dated 23.5.2007.

Specified taxable services, as listed below, received by an exporter and used for export of goods (Notification No. 17/2009 dated 07.07.2009 as amended). Under this notification, the service tax paid by an exporter on these services is refunded to the exporter on compliance of conditions mentioned in that notification.
1. General Insurance
2. Port Service
3. Technical Testing & analysis
4. Technical Inspection & Certification
5. Other Ports
6. Transport of Goods by Road (Goods Transport Agency)[from the inland container depot to the port of export]
7. Transport of goods in containers by Rail [from the inland container depot to the port of export]
8. Cleaning Service
9. Storage & Warehousing
10. Courier
11. Transport of Goods by Road (Goods Transport Agency)[directly from the place of removal, to inland container depot or port or airport,]
12. Transport of goods in containers by Rail [from the place of removal
to inland container depot or port or airport]
13. Custom House Agent
14. Banking & other Financial Services
15. Business Auxiliary Services
16. Service of sale or purchase of foreign currency including money changing by a banking company or financial institution including non-banking financial company or a body corporate or a financial concern.
17. Service of sale and purchase of foreign currency including money changing provided by a person other than those referred at S.No 16.
18. Service of supply of tangible goods for use without transferring the right of possession and effective control.
19. Clearing and forwarding service
20. Terminal handling charges.

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Question: Are there any other General Exemptions for Service Tax?

Answer:

The following general exemptions from payment of whole of the amount of Service Tax are available for the Service Providers:-

Services provided to the United Nations or International Organisations (Notification No.16/2002-ST dated 02.08.2002).

Services provided to a developer of Special Economic Zone or a unit of Special Economic Zone as prescribed in the notification.(Notifn. No.04/2004-ST dated 31.03.2004).

The value of the goods and materials sold by the service provider to the recipient of the service is exempted from payment of the Service Tax, if there is a documentary proof specifically indicating the value of the goods and materials and no credit of duty paid on such goods and material sold, has been taken under the provisions of CENVAT Credit rules, OR where such credit has been taken by the service provider on such goods and materials, but such service provider has paid the amount equal to such credit availed before the sale of such good and materials. (Notifn.12/2003-ST dated 20.06.2003 as amended from time to time).

Exemptions to Diplomatic Missions for official use of taxable services and also to the officers and their families of a Diplomatic Mission for personal use of taxable services- Refer Notification Nos. 33/2007-ST and 34/2007-ST, both dated 23.5.2007.

Specified taxable services, as listed below, received by an exporter and used for export of goods (Notification No. 17/2009 dated 07.07.2009 as amended). Under this notification, the service tax paid by an exporter on these services is refunded to the exporter on compliance of conditions mentioned in that notification.
1. General Insurance
2. Port Service
3. Technical Testing & analysis
4. Technical Inspection & Certification
5. Other Ports
6. Transport of Goods by Road (Goods Transport Agency)[from the inland container depot to the port of export]
7. Transport of goods in containers by Rail [from the inland container depot to the port of export]
8. Cleaning Service
9. Storage & Warehousing
10. Courier
11. Transport of Goods by Road (Goods Transport Agency)[directly from the place of removal, to inland container depot or port or airport,]
12. Transport of goods in containers by Rail [from the place of removal
to inland container depot or port or airport]
13. Custom House Agent
14. Banking & other Financial Services
15. Business Auxiliary Services
16. Service of sale or purchase of foreign currency including money changing by a banking company or financial institution including non-banking financial company or a body corporate or a financial concern.
17. Service of sale and purchase of foreign currency including money changing provided by a person other than those referred at S.No 16.
18. Service of supply of tangible goods for use without transferring the right of possession and effective control.
19. Clearing and forwarding service
20. Terminal handling charges. Source: CoolInterview.com

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