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of <h1>GST Updates: 18% Rate for Ice-Cream Parlors, Exemptions for Education Fees, Cotton Storage, and More Services Clarified.</h1> The circular issued by the Indian Ministry of Finance provides clarifications on the applicability of GST rates and exemptions for various services. Key points include the GST rate for ice-cream parlors set at 18% from October 2021, exemption for educational institutions on fees related to admissions, and storage of cotton in baled form exempt until July 2022. It also clarifies exemptions for transit cargo services to Nepal and Bhutan, sanitation services for government departments, and advertisement in souvenirs. Other topics include GST on honorarium for guest anchors, additional toll fees, ART/IVF services, sale of developed land, and renting of motor vehicles. The document addresses the GST applicability on private ferry tickets and works contract services for dairy plants.
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