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What is Stem Cell Banking?

Some cells are taken from umbilical cord of a new born baby

These are preserved for future by cord blood banks

They are very useful in case person suffers from any disease later



Stem cell banking services is Exempt:

Services provided by cord blood bank s by way of preservation of stem cells or any other service in relation to such preservation are exempt from service tax

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.