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

  1. Exemptions and Abatement
  2. Different Exemptions
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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 .
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