Service Tax Mega Exemption telecom service provider or use of radio spectrum frequency by a business entity prior to 01/04/2016
CBEC vide service tax notification no. 22/2016 had amended Mega Exemption Notification by providing exemption to services provided by Government or a local authority by way of allowing a business entity to operate as a telecom service provide or use radio frequency spectrum during the financial year 2015-16 on payment of licence fee or spectrum user charges, as the case may be.
However, the said exemption has been extended to services provided during any period prior to 1st April, 2016. The notification in this regard is as under.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
NOTIFICATION
No. 39/2016-Service Tax
New Delhi, the 2nd September, 2016
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 amendment 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:-
2. In the said notification, in the first paragraph, in entry 62, for the words and figures “during the financial year 2015-16”, the words, figures and letters “during the period prior to 1st April, 2016” shall be substituted.
[F. No. B-1/20/2016 -TRU]
(Anurag Sehgal)
Under Secretary to the Government of India
Note:-The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 25/2012 – Service Tax, dated the 20th June, 2012, vide number G.S.R. 467 (E), dated the 20th June, 2012 and was last amended vide notification number 32/2016 – Service Tax, dated the 6th June, 2016 vide number G.S.R. 575(E), dated the 6th June, 2016.
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