Service tax exemption for RBI services removes service tax liability on taxable services provided by the Reserve Bank. The Central Government issued Notification No. 07/2006 ST dated 01.03.2006 exempting taxable services provided or to be provided to any person by the Reserve Bank of India from the whole of service tax leviable under the Finance Act, on the basis of public interest, and invoking the statutory power to grant such an exemption; the notification was later superseded by a subsequent notification.
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.
Service tax exemption for RBI services removes service tax liability on taxable services provided by the Reserve Bank.
The Central Government issued Notification No. 07/2006 ST dated 01.03.2006 exempting taxable services provided or to be provided to any person by the Reserve Bank of India from the whole of service tax leviable under the Finance Act, on the basis of public interest, and invoking the statutory power to grant such an exemption; the notification was later superseded by a subsequent notification.
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