About tax exemption

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manjunath

manjunath (Querist)
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18 November 2011 from when the construction work under JNNURM & RAY scheme is exempted under service tax?

PUNEET GOYAL

PUNEET GOYAL (Expert)
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19 November 2011
Notification New Delhi, the 1st March, 2011
No. 6/2011 – Service Tax
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) (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
of execution of a works contract referred to in sub-clause (zzzza) of clause (105) of section 65 of the
Finance Act, when provided for the purpose of carrying out,-
(a) construction of new residential complex or part thereof; or
(b) completion and finishing services of new residential complex or part thereof ,
under Jawaharlal Nehru National Urban Renewal Mission and Rajiv Awaas Yojana, from the whole
of the service tax leviable thereon under section 66 of the Finance Act.

The above notification is applicable wef 01.03.11 and accordingly from that date exemption is available.

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PUNEET GOYAL

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21 November 2011 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
New Delhi, the 22nd June, 2010
Notification No. 28/2010 - Service Tax
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) (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 of construction of complex referred to in sub-clause (zzzh) of clause (105) of section 65 of the Finance Act, when provided to Jawaharlal Nehru National Urban Renewal Mission and Rajiv Awaas Yojana, from the whole of the service tax leviable thereon under section 66 of the Finance Act.
2. This notification shall come into force on 1st day of July, 2010.
[F. No.334/03/2010 -TRU]

(K.S.V.V.Prasad)
Under Secretary to the Government of India

Also consider the above notification.

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