Management, maintenance & repair service - Service Tax Notification No. 24/2009-ST, dated 27-7-2009 nowhere states that the exemption is granted with retrospective effect.
The Central Government on 27-7-2009 taking note of public interest granted exemption from paying service tax in relation to works namely, management, maintenance/repairs of roads under section 66 of the Finance Act, 1994.
It is well settled in law that unless a notification issued specifically stating 'with retrospective effect', such notification will operate only prospectively. - [2010] 8 TAXMANN.COM 272 (Mad.)
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