GST exemptions for FIFA-related services and PDS commission services introduced, with LLPs treated as partnership firms under GST. The notification inserts nil-rate exemptions for FIFA-related services linked to FIFA U-17 World Cup 2017 (subject to certification), and for services by Fair Price Shops to Central and State Governments under the Public Distribution System against commission or margin. It substitutes revised names for agricultural insurance schemes-Restructured Weather Based Crop Insurance Scheme (RWCIS) and Pradhan Mantri Fasal Bima Yojana (PMFBY)-and clarifies that a Limited Liability Partnership registered under the Limited Liability Partnership Act, 2008, is to be treated as a partnership firm. The amendments are effective from Gazette publication.
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 exemptions for FIFA-related services and PDS commission services introduced, with LLPs treated as partnership firms under GST.
The notification inserts nil-rate exemptions for FIFA-related services linked to FIFA U-17 World Cup 2017 (subject to certification), and for services by Fair Price Shops to Central and State Governments under the Public Distribution System against commission or margin. It substitutes revised names for agricultural insurance schemes-Restructured Weather Based Crop Insurance Scheme (RWCIS) and Pradhan Mantri Fasal Bima Yojana (PMFBY)-and clarifies that a Limited Liability Partnership registered under the Limited Liability Partnership Act, 2008, is to be treated as a partnership firm. The amendments are effective from Gazette publication.
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