GST exemption expansions and valuation rule change add targeted nil-rated services and reconcile royalty-assignment exemptions. Amendments expand GST exemptions and revise valuation and date references: removal of certain governmental descriptors; substitution of value of supply for declared tariff; extension of date references; insertion of new nil-rated entries including old age home services to qualifying residents, electricity distribution to farmer tube wells, warehousing of minor forest produce, PF and NPS administrative services, government loan guarantee services, FSSAI testing services, artificial insemination of livestock, ERCC assignment of royalty collection subject to reconciliation, and limited membership-fee exemptions for specified non-profit bodies; and clarification treating educational boards as institutions for examination services.
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Provisions expressly mentioned in the judgment/order text.
GST exemption expansions and valuation rule change add targeted nil-rated services and reconcile royalty-assignment exemptions.
Amendments expand GST exemptions and revise valuation and date references: removal of certain governmental descriptors; substitution of value of supply for declared tariff; extension of date references; insertion of new nil-rated entries including old age home services to qualifying residents, electricity distribution to farmer tube wells, warehousing of minor forest produce, PF and NPS administrative services, government loan guarantee services, FSSAI testing services, artificial insemination of livestock, ERCC assignment of royalty collection subject to reconciliation, and limited membership-fee exemptions for specified non-profit bodies; and clarification treating educational boards as institutions for examination services.
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