TIOL-DDT 511 · Wednesday, 13 December 2006 · story 4 of 7

Insurance of sheep – exempted from Service Tax – what happened to Notification No. 30/2006?

Government has exempted the taxable service provided by an insurer, carrying on general insurance business, to a policy holder for the insurance of sheep from the whole of service tax leviable.

This sheepish exemption is valid only till 31st December 2009.

This is Notification No. 31/2006. The last notification issued by the Board was 29/2006. Obviously the next notification should have been 30/2006. When Notification No. 31/2006 was issued, we tried to locate Notification. 30/2006. It is indeed difficult to get notifications when the Boards are very possessive and secretive about their public notifications.

NOTIFICATION NO. , Dated: December 11, 2006

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