Exempts the taxable service provided by a banking company or a financial institution, providing service in relation to collection of duties or taxes levied by government - 013/04 - Service Tax

Rescinded vide Notification No. 34/2012- Service Tax, Dated 20/06/2012

Exempts the taxable service provided by a banking company or a financial institution, providing service in relation to collection of duties or taxes levied by government

[Notification No. 13/2004-S.T., Dated. 10/9/2004]

[As amended by Notification no. 19/2006 ST dated 25-4-2006]

In exercise of the powers conferred by sub-section (1) of 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 service provided by a banking company or a financial institution (including a non-banking financial company) or any other body corporate or ¹[any other person], to the Government of India or the Government of a State in relation to collection of any duties or taxes levied by the Government of India or the Government of a State from the whole of the service tax leviable thereon under section 66 of the said Act.

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Note :

1. For the words "commercial concern", the words "any other person" has been substituted vide Notification No. 19/2006 dated 25/4/2006