GST exemptions expanded for supplies to government entities, composite supplies for Panchayat/Municipal functions, and revised thresholds. The notification adds 'Government Entity' to recipients, exempts composite supplies (goods 25% of value) to government bodies for Panchayat and Municipality functions, inserts temporary exemptions for transportation of goods by air and vessel from customs clearance to places outside India (not applying after 30 September 2018), and revises temporal and monetary thresholds including extending one-year provision to three years and increasing specified limits to two lakhs and seven thousand five hundred.
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Provisions expressly mentioned in the judgment/order text.
GST exemptions expanded for supplies to government entities, composite supplies for Panchayat/Municipal functions, and revised thresholds.
The notification adds "Government Entity" to recipients, exempts composite supplies (goods 25% of value) to government bodies for Panchayat and Municipality functions, inserts temporary exemptions for transportation of goods by air and vessel from customs clearance to places outside India (not applying after 30 September 2018), and revises temporal and monetary thresholds including extending one-year provision to three years and increasing specified limits to two lakhs and seven thousand five hundred.
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