Service Tax Exemption for Overseas Services by Individuals Rescinded After Less Than a Year, Finance Act 1994

The Central Government, under the Finance Act of 1994, exempted taxable services received and consumed outside India by individuals from service tax, effective June 16, 2005. This exemption applies to services not related to commerce, industry, or business activities. The notification, issued on June 7, 2005, was later rescinded by another notification on April 19, 2006.

---

---

---