CBEC vide Notification No. 12/2015-ST, Dated: April 30, 2015 has amended Mega Exemption Notification No. 25/2012 – ST dated 20thJune 2012 to exempt the following:

a) Service tax on services of General Insurance business provided under Pradhan Mantri Suraksha BimaYojana (PMSBY) – Entry 26 item ‘p’

b) Service tax on services of Life Insurance business provided under Pradhan MantriJeevanJyotiBimaYojana (PMJJBY) – Entry 26A item ‘e’

c) Service tax on services of Life Insurance business provided under Pradhan Mantri Jan DhanYojana (PMJDY) – Entry 26A item ‘f’

d) Service tax on services by way of collection of contribution under Atal Pension Yojana (APY) – Entry 26B

NOTIFICATION NO. 12/2015-ST, Dated: April 30, 2015

G.S.R.….(E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.25/2012-Service Tax, dated the 20th June, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 467 (E), dated the 20th June, 2012, namely:-

1. In the said notification,-

(i) in entry 26, after item (o), the following items shall be inserted, namely:-

“(p) Pradhan Mantri Suraksha Bima Yojna;”

(ii) in entry 26A, after item (d), the following items shall be inserted, namely:-

“(e) Pradhan Mantri Jeevan Jyoti Bima Yojana;

(f) Pradhan Mantri Jan Dhan Yogana;”;

(iii) after entry 26A, the following entry shall be inserted, namely:-

“26B Services by way of collection of contribution under Atal Pension Yojana (APY).”

[F. No.334/5/2015 -TRU]

(Akshay Joshi)
Under Secretary to the Government of India

Note: The principal notification was published in the Gazette of India, Extraordinary, by notification No. 25/2012 – Service Tax, dated the 20th June, 2012, vide number G.S.R. 467 (E), dated the 20th June, 2012 and last amended vide notification No. 06/2015 – Service Tax, dated the 1st March, 2015 vide number G.S.R. 160(E), dated the 1st March, 2015.

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