Definition of business clarified to exclude activities of governments acting as public authorities, altering GST applicability. The notification inserts an Explanation clarifying that, for the relevant item, the term business shall not include any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities; the State exercised its delegated amendment power and declared the insertion to have effect from the stated commencement date to clarify scope and applicability of the earlier SRO.
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Provisions expressly mentioned in the judgment/order text.
Definition of business clarified to exclude activities of governments acting as public authorities, altering GST applicability.
The notification inserts an Explanation clarifying that, for the relevant item, the term business shall not include any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities; the State exercised its delegated amendment power and declared the insertion to have effect from the stated commencement date to clarify scope and applicability of the earlier SRO.
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