Govt announces service tax exemption for rice
Monday, February 17th, 2014
New Delhi: Finance Minister P Chidambram on Monday announced that service tax would be abolished on rice from the staple’s loading to storage stage. Rice was originally exempt from service tax. However, later the Finance Ministry had said that only paddy is agri-produce, while rice is a processed item. Presenting the interim budget for 2014-15 […]
