Service tax will not apply on exports, clarifies govt
New Delhi: The finance ministry has clarified that the 8 per cent service tax is destination-based consumption tax and not applicable on the export of services.
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Govt extends LPG subsidy to non-domestic consumers
New Delhi: The government on Friday said subsidised domestic cooking gas will be supplied to non-domestic consumers like canteens attached to government offices or local bodies, messes of police, schools and colleges and charitable institutes.
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Regulator says no to Bt cotton cultivation
New Delhi: The Genetic Engineering Approval Committee, unanimously rejected the proposal for commercial cultivation in north India of a new variety of Bt cotton developed by Mahyco Seed Company in collaboration with Monsanto
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