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of <h1>India Exempts IGST on Services for Transit Cargo to Nepal and Bhutan under Notification No. 31/2017.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 31/2017-Integrated Tax (Rate) dated September 29, 2017, under the Integrated Goods and Services Tax Act, 2017. This notification amends a previous notification to exempt the supply of services related to transit cargo to the landlocked countries of Nepal and Bhutan from Integrated Goods and Services Tax (IGST). This exemption applies to services listed under Chapter 99, with the IGST rate set at nil. The amendment is made in the public interest following recommendations from the Council.
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