Clarification regarding leviability of Service Tax in respect of services provided by arbitral tribunal and members of such tribunal

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....#2358;ुल्क, केन्द्रीय उत्पाद शुल्क एंव सेवाकर ११३/४, संजय प्लेस, आगरा C. No. (30)02/Tech/Misc.....

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....o rupees ten lakh in the preceding financial year, are exempt from services tax (Entry 6(a) of Notification No. 25/2012-ST refers). "Arbitral tribunal" has been assigned the same meaning in the exemption Notification No. 25/2012-ST (paragraph 2(c)) as in clause (d) of Section 2 of the Arbitration and Conciliation Act 1996, which is as follows:- "arbitral tribunal means a sole arbitrator o....

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....necessarily includes the natural persons on the arbitral tribunal, by virtue of clause (d) of Section 2 of the Arbitration and Conciliation Act, 1996. Services are provided or agreed to be provided by the panel of arbitrators, as comprising the several natural persons on the said panel, to the business entity or to the arbitration institution approached by the business entity for purpose of arbitr....