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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..... PARTMENT 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 Gov .....

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..... ord 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 STEP (incubator) , the signs .....

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