GST exemption for specified government and welfare services expands coverage to certain transport, banking and rehabilitation services. The notification inserts new SGST exemptions for: services by goods transport agencies conveying goods to government departments, local authorities or governmental agencies registered solely for tax deduction under section 51; banking services to Basic Savings Bank Deposit account holders under the national financial inclusion scheme; and rehabilitation professionals recognised under the Rehabilitation Council of India Act when providing rehabilitation, therapy or counselling at specified medical, educational, government or registered charitable establishments. It also amends certain headings and serial entries, adds a definition of 'financial institution' by reference to the Reserve Bank of India Act, and makes the changes effective from the first day of January following publication.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST exemption for specified government and welfare services expands coverage to certain transport, banking and rehabilitation services.
The notification inserts new SGST exemptions for: services by goods transport agencies conveying goods to government departments, local authorities or governmental agencies registered solely for tax deduction under section 51; banking services to Basic Savings Bank Deposit account holders under the national financial inclusion scheme; and rehabilitation professionals recognised under the Rehabilitation Council of India Act when providing rehabilitation, therapy or counselling at specified medical, educational, government or registered charitable establishments. It also amends certain headings and serial entries, adds a definition of "financial institution" by reference to the Reserve Bank of India Act, and makes the changes effective from the first day of January following publication.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
