Earlier the Central GOVERNMENT vide its notification dated 20.06.2012 exempted certain taxable services from the whole of the service tax leviable thereon under section 66B and the same has been amended from time to time making certain inclusions therein in the public interest. Now, in addition to the same, the Central Government vide its notification no. 04/2014 dated 17.02.2014 has added following two more services which will be exempt from levy of service tax.
- “2A. Services provided by cord blood banks by way of preservation of stem cells or any other service in relation to such preservation.”
- “40. Services by way of loading, unloading, packing, storage or warehousing of rice.”