Government of India
Ministry of Finance
Department of Revenue
Notification
No. 13/2010-Service Tax
New Delhi, the 27th February, 2010
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) (hereinafter referred to as the Finance Act), the
Central Government, on being satisfied that it is necessary in the public
interest so to do, hereby exempts the taxable service provided in relation to
on-line information and database access or retrieval services and business
auxiliary services as specified in sub-clauses (zh) and (zzb) of clause (105) of
section 65 of the Finance Act, by any Indian news agency, from the whole of
service tax leviable thereon under section 66 of the Finance Act, subject to the
fulfilment of the following conditions, namely:-
a) If such new agency is notified as a news agency set up in India solely for
collection and distribution of news:
Provided that this exemption shall be available only to news agencies which are
specified under clause (22B) of section 10 of the Income Tax Act, 1961 (43 of
1961); and,
b) such news agency applies its income or accumulates it for collection and
distribution of news and does not distribute its income in any manner to its
members.
2. This notification shall come into force on the date of its publication in the
Gazette of
India.
[F. No. 334/1/2010 -TRU]
(Prashant Kumar)
Under Secretary to the Government of India