ST Exemption withdrawn by CBEC for Services by a person in Non-taxable Territory
CBEC has issued Notification No. 47/2016 Service Tax dt. 9 Nov. 2016, which seeks to amend Notification No. 25/2012-ST dt. 20 June, 2016. CBEC withdraws ST Exemption for services provided by a person in non-taxable territory to Government/ Local Authority or an individual for purpose other than commerce, industry or any other business or profession, located in taxable territory.