Seeks to amend notification No. 32/2012-Service Tax dated 20th June, 2012, so as to exempt services provided by the bio-incubators approved by the Biotechnology Industry Research Assistance Council, under Department of Biotechnology, Government of India.

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....ARTMENT OF REVENUE) NOTIFICATION No. 12/2016-Service Tax New Delhi, the 1st March, 2016 G.S.R.-260 (E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of In....

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....er the word and letters "the STEP", the words "or the Bio-Incubator" shall be added; (b) in item (a), after the word "Park", the words and signs "/bio-incubator" shall be inserted; (3) in Format-II,- (a) in the heading, after the letters "STEP", the signs and words "/the Bio-Incubator" shall be inserted; (b) in serial number 4, after the letters, brackets and word "ST....