Nil-rated services for FIFA event and PDS commissions establish tax exemption; LLPs treated as partnerships under amended state GST rules. The notification inserts nil-rate entries for services by and to FIFA and its subsidiaries relating to the FIFA U-17 World Cup, subject to certification by the Director (Sports), and for services by Fair Price Shops to Central and State Governments under the Public Distribution System where consideration is commission or margin. It substitutes updated names for certain crop insurance schemes and adds that a Limited Liability Partnership shall be considered a partnership firm for the notification. The amendment is given retrospective effect from the date specified in the instrument.
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 services for FIFA event and PDS commissions establish tax exemption; LLPs treated as partnerships under amended state GST rules.
The notification inserts nil-rate entries for services by and to FIFA and its subsidiaries relating to the FIFA U-17 World Cup, subject to certification by the Director (Sports), and for services by Fair Price Shops to Central and State Governments under the Public Distribution System where consideration is commission or margin. It substitutes updated names for certain crop insurance schemes and adds that a Limited Liability Partnership shall be considered a partnership firm for the notification. The amendment is given retrospective effect from the date specified in the instrument.
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