GST rate and exemption clarifications: ice cream parlours regularised; educational, IVF, transit cargo and toll treatments defined. The circular classifies and clarifies GST treatment for varied services: ice cream parlours' sales are taxable at the standard rate prospectively with past lower rate payments regularised; educational entrance/application/migration fees are exempt as services by educational institutions; storage of ginned/baled cotton was exempt prior to July 18, 2022; transit cargo services to and from Nepal and Bhutan including return of empty containers are exempt subject to customs/transhipment and tracking rules; renting of vehicles with operator for mineral transport is rental service and not road goods transport and thus not exempt; location charges paid upfront with long term lease premiums form part of exempt upfront amount.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST rate and exemption clarifications: ice cream parlours regularised; educational, IVF, transit cargo and toll treatments defined.
The circular classifies and clarifies GST treatment for varied services: ice cream parlours' sales are taxable at the standard rate prospectively with past lower rate payments regularised; educational entrance/application/migration fees are exempt as services by educational institutions; storage of ginned/baled cotton was exempt prior to July 18, 2022; transit cargo services to and from Nepal and Bhutan including return of empty containers are exempt subject to customs/transhipment and tracking rules; renting of vehicles with operator for mineral transport is rental service and not road goods transport and thus not exempt; location charges paid upfront with long term lease premiums form part of exempt upfront amount.
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