Nil-rated GST services expanded to include certain government-registered transport, PMJDY banking and rehabilitation professional services. The notification inserts nil-rated entries into the Bihar SGST rate schedule for goods transport agency services when supplied to government departments, local authorities or governmental agencies registered solely for tax deduction, for banking services to Basic Savings Bank Deposit account holders under PMJDY, and for rehabilitation professionals recognised under the Rehabilitation Council of India Act when supplied at specified public or registered entities; it also amends certain headings, omits a serial entry and adds a definition of 'financial institution' aligned with the Reserve Bank of India Act, effective from the stated commencement date.
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Provisions expressly mentioned in the judgment/order text.
Nil-rated GST services expanded to include certain government-registered transport, PMJDY banking and rehabilitation professional services.
The notification inserts nil-rated entries into the Bihar SGST rate schedule for goods transport agency services when supplied to government departments, local authorities or governmental agencies registered solely for tax deduction, for banking services to Basic Savings Bank Deposit account holders under PMJDY, and for rehabilitation professionals recognised under the Rehabilitation Council of India Act when supplied at specified public or registered entities; it also amends certain headings, omits a serial entry and adds a definition of "financial institution" aligned with the Reserve Bank of India Act, effective from the stated commencement date.
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