Exemption to specified services for which payment is made in convertible foreign exchange - 002/99 - Service Tax

This Notification has been superseded by Notification No. 6/99 dated 9/4/1999

Service Tax — Exemption to specified services for which payment is made in convertible foreign exchange

[Notification No. 2/99 Service Tax, dated 28-2-1999.]

In exercise of the powers conferred by section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable services specified in sub-section (48) of section 65 of the said Act, provided to any person in respect of which payment is made in convertible foreign exchange from the whole of the service tax leviable thereon under section 66 of the said Act.