All taxable services provided or to be provided by folllwoing are exempt from whole of service tax

  • Technology Business Incubators (TBI)/
  • Science and Technology Entrepreneurship Parks (STEP)

 

These must be  recognized by National Science and Technology Entrepreneurship Board (NSTEBD) of the Department of Science & Technology

 

Before availing exemption, certain details to be furnished to AC/DC like

  • details of the incubator a
  • information received from each incubatee

Similar details to be furnished by 30 June of each financial year

 

  1. Exemptions and Abatement
  2. Different Exemptions
Ask Download

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
Jail