New Exemptions

[Admin TMI]

Question - What are new exemptions proposed in service tax in Finance Bill 2015 ?

AI Summary

Finance Bill 2015 Proposes New Service Tax Exemptions for Agriculture, Insurance, Entertainment, and More The discussion forum addresses new service tax exemptions proposed in the Finance Bill 2015. Exemptions include services related to pre-conditioning and labeling of fruits and vegetables, effluent treatment by Common Effluent Treatment Plant operators, and life insurance under Varishtha Pension Bima Yojna. Exhibition of movies by theatre owners to distributors is also exempt. The exemption for ambulance services is expanded to all such services. Admission to museums, zoos, national parks, wildlife sanctuaries, and tiger reserves is exempt. Transport of export goods by road to land customs stations is now included under goods transport agency service exemptions, effective April 1, 2015.