https://www.taxtmi.com/article/detailed?id=14848 Stem cell banking services involving enrolment, collection, processing and storage of umbilical cord blood qualify as healthcare services and fall within the exemption for services by clinical establishments; a clarificatory notification addressing cord blood banks elucidated this position for pending proceedings. The extended limitation under Section 73 cannot be invoked absent evidence of fraud or suppression, and interest and penalties tied to such demand are unsustainable where the taxpayer acted bona fide and made full disclosure. en-us Mon, 21 Jul 2025 08:44:22 +0530 Mon, 21 Jul 2025 08:44:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14848 Stem cell banking services involving enrolment, collection, processing and storage of umbilical cord blood qualify as healthcare services and fall within the exemption for services by clinical establishments; a clarificatory notification addressing cord blood banks elucidated this position for pending proceedings. The extended limitation under Section 73 cannot be invoked absent evidence of fraud or suppression, and interest and penalties tied to such demand are unsustainable where the taxpayer acted bona fide and made full disclosure. Articles Service Tax Mon, 21 Jul 2025 08:44:22 +0530 https://www.taxtmi.com/article/detailed?id=14848