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of <h1>India Amends Abatement Notification: Chits Clause Removed from Definition Section Effective May 19, 2015</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 13/2015-ST, amending the Abatement Notification No. 26/2012-ST dated 20th June 2012. This amendment, effective from 19th May 2015, involves the removal of clause 'a' related to Chits from the definition section of the original notification. This decision was made under the powers granted by section 93 of the Finance Act, 1994, in consideration of public interest. The principal notification had previously been amended by Notification No. 08/2015-ST on 1st March 2015.
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