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THE FINANCE ACT, 1994 - SERVICE TAX
65(34) "credit rating agency"

65. Definition.-

In this Chapter, unless the context otherwise requires,

(34) "credit rating agency" means any commercial concern engaged in the business of credit rating of any debt obligation or of any project or programme requiring finance, whether in the form of debt or otherwise, and includes credit rating of any financial obligation, instrument or security, which has the purpose of providing a potential investor or any other person any information pertaining to the relative safety of timely payment of interest or principal;