CBEC vide its Notification No. 20/2015-Service Tax dated 21-10-2015 amended Notification No. 25/2012-Service Tax, dated the 20th June, 2012 to provide following new exemptions from levy of service tax:
1.No More Service Tax on Yoga Tranining : Now ‘Yoga’ get place in Mega Exemption Notification w.e.f. 23-10-2015. Earlier the exemption was extendedto only Services by an entity registered under section 12AA of the Income tax Act, 1961 by way of ‘Charitable Activities’ which covered only activities relating to advancement of religion, spiritualityof religion, spirituality.
Now by effect of this notification the service tax exemption is also available to activities relating to advancement of ‘Yoga’.
CBEC Notification No. 20/2015-Service Tax dated 21-10-2015
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