https://www.taxtmi.com/news?id=2946 This summary sets out principal service tax exemptions and abatements: a small scale exemption subject to conditions; export and SEZ reliefs including transportation and refund mechanisms; exemption for imported technology to the extent of R&D cess; exemptions for services to foreign diplomatic missions and for services by recognised technology incubators; taxation of renting of immovable property net of property tax; and an abatement regime specifying percentage values and conditions, notably non-availability of CENVAT credit and invoicing requirements, for varied service categories. en-us Sat, 17 Mar 2012 16:08:58 +0530 Sat, 17 Mar 2012 16:08:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2946 This summary sets out principal service tax exemptions and abatements: a small scale exemption subject to conditions; export and SEZ reliefs including transportation and refund mechanisms; exemption for imported technology to the extent of R&D cess; exemptions for services to foreign diplomatic missions and for services by recognised technology incubators; taxation of renting of immovable property net of property tax; and an abatement regime specifying percentage values and conditions, notably non-availability of CENVAT credit and invoicing requirements, for varied service categories. News - Sat, 17 Mar 2012 16:08:58 +0530 https://www.taxtmi.com/news?id=2946