Negative List Modified:39 Services Exempt Now !

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Service Tax authorities have notified 34 major services which shall be out of service tax provisions vide the Notification no Notification No.12/2012-Service Tax dt 17/03/2012. However, the negative list was expanded vide notification no 25/2012 by which 39 types of services were defined to be out of service tax.  Every services other than the services…

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