New Delhi, the 1st March, 2007
10 Phalguna, 1928 (Saka)
Notification
No. 11/2007-Service Tax
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, on being
satisfied that it is necessary in the public interest so to do, hereby exempts
the taxable service, specified in sub-clause (zzh) of clause (105) of section 65
of the said Finance Act, provided or to be provided by a Clinical Research
Organization approved to conduct clinical trials by the Drugs Controller General
of India, in relation to testing and analysis of newly developed drugs,
including vaccines and herbal remedies, on human participants so as to ascertain
the safety and efficacy of such drugs on human participants, from the whole of
the service tax leviable thereon under section 66 of the said Finance Act.
[F. No. 334/1/2007-TRU]
(R. Sriram)
Deputy Secretary to the Government of India