SECTION 65(105)(zzzzm) OF THE FINANCE ACT, 1994 - LEGAL CONSULTANCY SERVICES - EXEMPTION TO SERVICE PROVIDED BY AN ARBITRAL TRIBUNAL IN RESPECT OF ARBITRATION TO ANY BUSINESS ENTITY
NOTIFICATION NO. 45/2011 - SERVICE TAX , DATED 12-9-2011
2. This notification shall come into force on the date of its publication in the Official Gazette.
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.To clarify sub-clause (zzzzm) of clause (105) of section 65 of Finance Act, 1994 reads as follows:-
(zzzzm) to a business entity, by any other business entity, in relation to advice, consultancy or assistance in any branch of law, in any manner:
Provided that any service provided by way of appearance before any court, tribunal or authority shall not amount to taxable service.