Madhya Pradesh SGST amends exemption schedule-adds government entity, composite-supply exemption, IFSC and other service exemptions. Amendments to the Madhya Pradesh GST exemption Table add 'Government Entity' alongside 'Governmental Authority', insert an exemption for composite supplies (goods 25% of value) provided to governmental bodies for Panchayat and Municipality functions, introduce time-limited exemptions for international transportation of goods by aircraft and vessel expiring 30 September 2018, increase specified monetary thresholds, add exemptions for fumigation of agricultural produce, RTI information services, certain life-insurance and reinsurance schemes, IFSC intermediary financial services supplied in non-INR to customers outside India, and modify education and transport-related exemption items.
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Madhya Pradesh SGST amends exemption schedule-adds government entity, composite-supply exemption, IFSC and other service exemptions.
Amendments to the Madhya Pradesh GST exemption Table add "Government Entity" alongside "Governmental Authority", insert an exemption for composite supplies (goods 25% of value) provided to governmental bodies for Panchayat and Municipality functions, introduce time-limited exemptions for international transportation of goods by aircraft and vessel expiring 30 September 2018, increase specified monetary thresholds, add exemptions for fumigation of agricultural produce, RTI information services, certain life-insurance and reinsurance schemes, IFSC intermediary financial services supplied in non-INR to customers outside India, and modify education and transport-related exemption items.
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