CBEC Notification No. 42/2016-ST 26-09-2016: According to a practice that was generally prevalent, there is non-levy of service tax on the services by way of advancement of yoga provided by entities registered under section 12AA of Income-tax Act, 1961 (43 of 1961) and this service was liable to service tax, which was not being paid according to the said practice.
In exercise of the powers conferred by section 11C of the Central Excise Act, 1944 read with section 83 of the Finance Act, 1994, the Central Government hereby directs that the service tax payable under section 66B of the Finance Act, 1994, on the service by way of advancement of yoga provided by entities registered under section 12AA of Income-tax Act, 1961 in the period 01-07-2012 to 20-10-2015 shall not be required to be paid.
[gview file=”http://www.cbec.gov.in/resources//htdocs-servicetax/st-notifications/st-notifications-2016/st42-2016.pdf” save=”1″]
Source: cbec.gov.in
