Exemption for cord blood bank services: preservation and related stem cell services are excluded from service tax treatment. Services of cord blood banks by way of preservation of stem cells and any services in relation to such preservation are exempted from service tax, covering collection of umbilical cord blood, processing and segregation of stem cells, testing, and cryo preservation, thereby treating cord blood bank activities as health related services for clinical and research use.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exemption for cord blood bank services: preservation and related stem cell services are excluded from service tax treatment.
Services of cord blood banks by way of preservation of stem cells and any services in relation to such preservation are exempted from service tax, covering collection of umbilical cord blood, processing and segregation of stem cells, testing, and cryo preservation, thereby treating cord blood bank activities as health related services for clinical and research use.
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