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<h1>India Revises CGST Rates for Services: Transportation, Insurance, Leasing, and More Amended Effective January 1, 2019.</h1> The Government of India issued Notification No. 27/2018-Central Tax (Rate) to amend the previous notification No. 11/2017-Central Tax (Rate), implementing changes in Central Goods and Services Tax (CGST) rates for various services as recommended by the GST Council during its 31st meeting. Key amendments include adjustments in tax rates for transportation services, third-party insurance, leasing and rental services, and admission to cinematograph exhibitions. Additionally, new service categories such as construction and technical services for renewable energy projects are included. The notification specifies definitions for 'specified organisation' and 'goods carriage' and is effective from January 1, 2019.