Tripura SGST amendments expand nil-rate exemptions for composite supplies, transport, insurance, IFSC intermediaries, and fumigation services. The notification broadens nil-rate entries by adding 'or a Government Entity' after 'Governmental Authority', creates a nil-rated composite supply entry (Chapter 99) where goods are 25% of value for supplies to government bodies in relation to Panchayat and Municipality functions, inserts time-limited nil treatment for air and sea transport of goods from customs clearance to outside India, and adds nil-rated services for specified insurance, reinsurance, IFSC-based financial intermediaries providing offshore non-INR services, and warehouse fumigation for agricultural produce.
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Provisions expressly mentioned in the judgment/order text.
Tripura SGST amendments expand nil-rate exemptions for composite supplies, transport, insurance, IFSC intermediaries, and fumigation services.
The notification broadens nil-rate entries by adding "or a Government Entity" after "Governmental Authority", creates a nil-rated composite supply entry (Chapter 99) where goods are 25% of value for supplies to government bodies in relation to Panchayat and Municipality functions, inserts time-limited nil treatment for air and sea transport of goods from customs clearance to outside India, and adds nil-rated services for specified insurance, reinsurance, IFSC-based financial intermediaries providing offshore non-INR services, and warehouse fumigation for agricultural produce.
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