exemption

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Related to exemptions: Personal Exemptions, Tax Exemptions

exemption

(ĕg-zĕmp′shŭn) [L. exemptio, removal]
Legal relief from an obligation, e.g., from the requirement that children be vaccinated before attending school, or that certain medications or devices be tested according to standard protocols before they are released to consumers.
References in periodicals archive ?
During the committee meeting, the senators valued the exemptions at Rs11 billion.
He said many enterprises and businesses have enjoyed VAT exemptions for a very long time-others as far as year 2000.
B2B exemptions can be extremely beneficial, substantially decreasing a property holder's liability.
Experts say the exemptions to Chinese companies would inflict a loss of Rs.
However, certain exemptions for which no application for renewal was submitted in due time, will expire on July 21, 2016 (shown in Table 1).
2014, the FAA started granting exemptions for certain low-risk commercial UAS applications under Section 333 of the FAA Modernization and Reform Act of 2012.
In case of indirect tax also, we are almost losing ` 1 lakh crore because of various exemptions given for SEZ, EOU .
But this year, many Lane County families who have sought a nonmedical exemption in the past will need to either reapply for exemptions or take their children to get immunized.
Florida, among other states, has opted out of the exemptions available under the Bankruptcy Code in favor of utilizing its own exemptions.
B2B exemptions can vary considerably among states but generally fall within three broad categories: (1) complete exemption, (2) limited exemption, and (3) ongoing-business-relationship exemption.
FUW Pembrokeshire county executive officer Rebecca Voyle said: "New regulations introduced on April 6 2010 changed the system of waste exemptions and farm-based exemptions registered before April 6 2010 will expire on September 30 2013.