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    <title>Seeks to amend exemption notification No. 25/2012-ST dated 20.06.2012 so as to exempt services by an acquiring bank, to any person in relation to settlement of an amount upto two thousand rupees in a single transaction transacted through credit card, debit card, charge card or other payment card service</title>
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    <description>Inserts Entry 64 into Notification No.25/2012-Service Tax to exempt services by an acquiring bank to any person in relation to settlement of a single payment card transaction up to a specified small-transaction threshold, and defines &quot;acquiring bank&quot; to include banking companies, financial institutions including non-banking financial companies, or any other person who makes payment to a card-accepting person.</description>
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      <description>Inserts Entry 64 into Notification No.25/2012-Service Tax to exempt services by an acquiring bank to any person in relation to settlement of a single payment card transaction up to a specified small-transaction threshold, and defines &quot;acquiring bank&quot; to include banking companies, financial institutions including non-banking financial companies, or any other person who makes payment to a card-accepting person.</description>
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