Notification No. 12/97-ST, dated 14th February, 1997

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 the taxable services provided by an insurer carrying on general insurance business, to a policy holder of Jan Arogya Bima Policy in relation to general insurance business, from the whole of service tax leviable thereon under section 66 of the said Act.