Services of life insurance business - (a) Janashree Bima Yojana (JBY) and (b) Aam Aadmi Bima Yojana (AABY)on - exempted from service tax - Notification - 49/2012 - Service Tax
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Service tax exemption for specified life insurance schemes: Janashree Bima Yojana and Aam Aadmi Bima Yojana now included. The notification inserts entry 26A to the service tax exemption schedule, expressly exempting services of life insurance business provided under Janashree Bima Yojana (JBY) and Aam Aadmi Bima Yojana (AABY) from service tax, thereby amending the principal Service Tax notification to include these two schemes.
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 specified life insurance schemes: Janashree Bima Yojana and Aam Aadmi Bima Yojana now included.
The notification inserts entry 26A to the service tax exemption schedule, expressly exempting services of life insurance business provided under Janashree Bima Yojana (JBY) and Aam Aadmi Bima Yojana (AABY) from service tax, thereby amending the principal Service Tax notification to include these two schemes.
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