Special provision for retrospective exemption from service tax in certain cases relating to long term lease of plots for development of infrastructure for financial business

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..... re for financial business 118. (1) Notwithstanding anything contained in section 66B of Chapter V of the Finance Act, 1994, (32 of 1994.) as it stood prior to its omission vide section 173 of the Central Goods and Services Tax Act, 2017 (12 of 2017.) (hereinafter referred to as the said Chapter), no service tax shall be levied or collected on upfront amount, called as premium, salami, cost, price, .....

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..... ade of all such service tax which has been collected, but which would not have been so collected, had sub-section (1) been in force at all material times: Provided that an application for the claim of refund of service tax shall be made within a period of six months from the date on which the Finance (No.2) Bill, 2019 receives assent of the President. (3) Notwithstanding the omission of the said C .....

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