Meghalaya GST amendments add 'Government Entity', broaden nil-rated exemptions and insert education, transport, insurance and IFSC service exemptions. The notification amends the Meghalaya GST exemption table to insert 'Government Entity' alongside 'Governmental Authority', add a nil-rated composite-supply entry for supplies to government bodies relating to Panchayat and Municipal functions where goods comprise 25% of value, introduce time-limited nil exemptions for international carriage of goods by aircraft and vessel, broaden exemptions to include student-transport vehicles, certain life insurance and reinsurance services, IFSC-based intermediary services to non-INR customers, fumigation of agricultural warehouses, RTI information services, and education-related services such as entrance examinations and online journals, and increases specified monetary thresholds.
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Meghalaya GST amendments add "Government Entity", broaden nil-rated exemptions and insert education, transport, insurance and IFSC service exemptions.
The notification amends the Meghalaya GST exemption table to insert "Government Entity" alongside "Governmental Authority", add a nil-rated composite-supply entry for supplies to government bodies relating to Panchayat and Municipal functions where goods comprise 25% of value, introduce time-limited nil exemptions for international carriage of goods by aircraft and vessel, broaden exemptions to include student-transport vehicles, certain life insurance and reinsurance services, IFSC-based intermediary services to non-INR customers, fumigation of agricultural warehouses, RTI information services, and education-related services such as entrance examinations and online journals, and increases specified monetary thresholds.
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