TO BE PUBLISHED IN PART
II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA,
EXTRAORDINARY, DATED THE 20TH JUNE 2003
30 JYAISTHA, 1925
(SAKA)
GOVERNMENT
OF INDIA
MINISTRY
OF FINANCE
(DEPARTMENT
OF REVENUE)
***
New Delhi,
dated the 20th June, 2003.
30 Jyaistha,
1925 (Saka)
NOTIFICATION
No. 12/2003-SERVICE
TAX
G.S.R.
(E).- In exercise of the powers conferred by 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 so much of the value of all the
taxable services, as is equal to the value of goods and
materials sold by the service provider to the recipient
of service, from the service tax leviable thereon under
section (66) of the said Act, subject to condition that
there is documentary proof specifically indicating the
value of the said goods and materials.
2. This
notification shall come into force on the 1st
day of July, 2003.
[F.No. B3/7/2003-TRU]
(V. Sivasubramanian)
Deputy Secretary
to the Government of India
