Chit Fund Activities Exempt from Service Tax Between June 15, 2007, and June 30, 2012, Not Classified as Banking Services.

Nature of activity of "chit fund business" - cash management / fund management - whether classifiable under the category of "banking and other financial services" - No service tax was payable on Chit Fund activity From June 15, 2007 to June 30, 2012 - SC .....

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