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of <h1>Maharashtra Exempts Fair Price Shops and FIFA U-17 Services from State Tax; Updates Insurance and LLP Terms.</h1> The Government of Maharashtra amended Notification No. 12-2017-State Tax (Rate) to exempt specific services from state tax. Services provided by Fair Price Shops to the Central Government and State Governments or Union territories under the Public Distribution System, involving the sale of essential goods like wheat, rice, kerosene, and others, are now exempt from tax when compensated through commission or margin. Additionally, services related to the FIFA U-17 World Cup 2017 are exempt, contingent upon certification by the Ministry of Youth Affairs and Sports. The notification also updates terminology for insurance schemes and clarifies that Limited Liability Partnerships are considered partnership firms.
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