Insertion of new sections 104 and 105- Special provision for exemption in certain cases relating to long term lease of industrial plots-Special provision for exemption in certain cases relating to life insurance services provided to members of armed forces of Union

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..... fter section 103, the following sections shall be inserted, namely:- Special provision for exemption in certain cases relating to long term lease of industrial plots. 104. (1) Notwithstanding anything contained in section 66, as it stood prior to the 1st day of July, 2012, or in section 66B, no service tax, leviable on one time upfront amount (premium, salami, cost, price, development charge or by .....

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..... the assent of the President. Special provision for exemption in certain cases relating to life insurance services provided to members of armed forces of Union. 105. (1) Notwithstanding anything contained in section 66, as it stood prior to the 1st day of July, 2012, or in section 66B, no service tax shall be levied or collected in respect of taxable services provided or agreed to be provided by th .....

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..... 04 and 105 in the 1994 Act so as to (a) exempt service tax leviable on one-time upfront amount (premium, salami, cost, price, development charge or by whatever name called) in respect of taxable service provided or agreed to be provided by a State Government industrial development corporation or undertaking to industrial units by way of grant of long-term lease of thirty years or more of industria .....

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