Service tax exemption available to stem cell banking services: Supreme Court

Stemcyte India Therapeutics Pvt. Ltd. Vs Commissioner of Central Excise And Service Tax (Supreme Court of India)

Supreme Court held that stem cell banking services constitutes a healthcare services as defined under the exemption notification dated 20.06.2012 and hence exempted from payment of service tax. Accordingly, appeal allowed and order set aside.

Facts- The present appeals have been preferred by the appellant / assessee challenging the common Final Order dated 02.08.2024 passed by the Customs, Excise and Service Tax Appellate Tribunal [CESTAT].