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    <title>Exemption of services provided by TBI/STEP</title>
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    <description>Exemption from service tax is provided for taxable services rendered by Technology Business Incubators, Science and Technology Entrepreneurship Parks, and recognized bio incubators, conditional on recognition by national bodies and compliance with prescribed reporting. Claimants must submit Format I with incubator details and annex Format II containing each incubatee&#039;s particulars and taxable service details before availing the exemption and must repeat the filing annually by 30th June.</description>
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      <description>Exemption from service tax is provided for taxable services rendered by Technology Business Incubators, Science and Technology Entrepreneurship Parks, and recognized bio incubators, conditional on recognition by national bodies and compliance with prescribed reporting. Claimants must submit Format I with incubator details and annex Format II containing each incubatee&#039;s particulars and taxable service details before availing the exemption and must repeat the filing annually by 30th June.</description>
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