Nil-rated supplies to government entities expanded; exemptions and thresholds adjusted across transport, insurance, IFSC and education. The notification amends nil-rated and exempted entries to add 'Government Entity' and insert new nil-rated categories including composite supplies to government bodies related to Panchayat/Municipality functions where goods are 25% of value; time-limited nil-rating for export carriage by aircraft and vessel until 30 September 2018; nil-rated Naval Group Insurance Fund services; reinsurance of specified schemes; IFSC-based intermediary services to non-India customers in foreign currencies; fumigation in agricultural warehouses; RTI information provision; and adjustments to education-related exemptions, thresholds and other specified entries.
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.
Nil-rated supplies to government entities expanded; exemptions and thresholds adjusted across transport, insurance, IFSC and education.
The notification amends nil-rated and exempted entries to add "Government Entity" and insert new nil-rated categories including composite supplies to government bodies related to Panchayat/Municipality functions where goods are 25% of value; time-limited nil-rating for export carriage by aircraft and vessel until 30 September 2018; nil-rated Naval Group Insurance Fund services; reinsurance of specified schemes; IFSC-based intermediary services to non-India customers in foreign currencies; fumigation in agricultural warehouses; RTI information provision; and adjustments to education-related exemptions, thresholds and other specified entries.
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