Service tax exclusion clarifies specified service categories and renting of immovable property are excluded under amended notification. The notification inserts an Explanation to Entry 48 of Notification No.25/2012-Service Tax, clarifying that the provisions of Entry 48 shall not apply to certain statutorily specified services and to services by way of renting of immovable property, thereby excluding those categories from the Entry's coverage.
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Service tax exclusion clarifies specified service categories and renting of immovable property are excluded under amended notification.
The notification inserts an Explanation to Entry 48 of Notification No.25/2012-Service Tax, clarifying that the provisions of Entry 48 shall not apply to certain statutorily specified services and to services by way of renting of immovable property, thereby excluding those categories from the Entry's coverage.
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