TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 45/2011 – Service Tax
New Delhi, the 12th September, 2011
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts taxable services referred to under item (iii) of sub-clause (zzzzm) of clause (105) of section 65 of Finance Act, 1994.
2. This notification shall come into force on the date of its publication in the Official Gazette.
[F. No. 354/167/2011-TRU]
Under Secretary to the Government of India
By virtue of this notification, Services rendered to any business entity, by an arbitral tribunal, in respect of arbitration shall be exempted from service tax.