Services by the following persons in their respective capacities were exempt
service tax under entry 29 of the notification:-
(i) mutual fund agent to a mutual fund or asset management company
(ii) distributor to a mutual fund or asset management company
(iii) selling or marketing agent of lottery tickets to a distributor or a selling agent.
NOW THESE EXEMPTIONS WITHDRAWN
Note:- Reverse charge applicable now on these services
Earlier Exemption was available on
(a) departmentally run public telephone;
(b) guaranteed public telephone operating only for local calls; or
(c) free telephone at airport and hospital where no bills has been issued.
Now Exemption has been withdrawn on these