Service Tax : Section 65(105)(d) of the Finance Act, 1994 – General Insurance Service – Service tax exemption to insurer providing insurance under a specified scheme
NOTIFICATION NO. 7/2011 – SERVICE TAX, DATED 1-3-2011
In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the Finance Act), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable service specified in sub-clause (d) of clause (105) of section 65 of the Finance Act, provided by an insurer carrying on General Insurance Business to any person for providing insurance under the Rashtriya Swasthya Bima Yojana from the whole of the service tax leviable thereon under section 66 of the Finance Act.
