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<h1>Service Tax Exemption for TBIs and STEPs Under Section 66; Submit Required Info Annually by June 30</h1> Notification No. 9/2007, dated March 1, 2007, exempts services provided by Technology Business Incubators (TBI) and Science and Technology Entrepreneurship Parks (STEP), recognized by the National Science and Technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology, from service tax under section 66 of the Finance Act, 1994. To avail this exemption, TBIs and STEPs must submit specific information in prescribed formats to the relevant tax authorities before and annually by June 30. This notification took effect on April 1, 2007, and was later superseded by Notification No. 32/2012.