Recently CBEC issued number of Notifications to amend various provisions. Gist of the Amendment is given below:
- All the changes in old services and new services will become applicable from 1st May 2011. (Notification No 29/2011)
- Fresh Exemption is provided to (Notification No 33/2011)
- any preschool coaching and training;
- any coaching or training leading to grant of a certificate or diploma or degree or any educational qualification which is recognized by any law for the time being in force;
When provided by any commercial coaching or training centre from the whole of the service tax leviable thereon under section 66 of the Finance Act, 1994.