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<h1>Retrospective Service Tax Exemption for Crop Insurance Reinsurance Services Between 2011-2017 with Refund Provisions</h1> The provision establishes retrospective exemption from service tax for reinsurance services provided by insurance companies under Weather Based Crop Insurance Scheme and Modified National Agricultural Insurance Scheme during April 1, 2011 to June 30, 2017. No service tax shall be levied or collected for these specific services during this period. Refunds will be granted for previously collected tax, provided applications are submitted within six months from the date the Finance Bill, 2025 receives Presidential assent. Despite the omission of Chapter V of Finance Act, 1994, its provisions will apply retrospectively for processing these refund claims.