Exemption available under service tax for collecting or providing news :-
Nature of services covered – A careful reading of this clause reveals that exemption is provided in respect of services provided by way of collecting or providing news is exempted when provided by either of the following –
- An independent journalist
- Press trust of India
- United news of India
As a corollary, all other persons or entities except specified above who/which are engaged in collecting or providing news shall be subject to service tax. Further, it is also to be noted very carefully that exemption has been provided only to the activities of collecting the news or providing of news by forgoing persons or entities.
Status of service recipient insignificant – as services are provided by way of collecting or providing news by specified persons i.e. an independent journalist, PTI or UNI such service shall not be subject to service tax irrespective of the fact to whom such services are provided.