17 February 2017
Section 65B(5) of the Finance Act, 2012, had excluded certain commodities including Rice from the earlier definition of agricultural produce, in their understanding Rice as an agricultural product continued to be exempt from the levy of Service Tax. However, they also indicated that they had sought a clarification from their Administrative Ministry and the Ministry of Finance on the correctness of their interpretation. -
17 February 2017
But processing/ milling of rice from paddy on job work basis is exempt from service tax levy vide Entry 30 of Mega Exemption Notification.