GST exemption: Nil-rate for government-facing transport, PMJDY banking and rehabilitation services with retrospective effect. Inserts nil-rate entries into the Jharkhand State GST Rate schedule for goods transport agency services to governmental bodies registered solely for tax deduction under Section 51, banking services to PMJDY Basic Saving Bank Deposit account holders, and rehabilitation services by Rehabilitation Council-recognised professionals at specified institutions; amends certain schedule entries to include banking companies, substitutes and omits specific serial entries, and adds a definition of 'financial institution' consistent with the Reserve Bank of India Act. Effective from 01 January 2019.
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Provisions expressly mentioned in the judgment/order text.
GST exemption: Nil-rate for government-facing transport, PMJDY banking and rehabilitation services with retrospective effect.
Inserts nil-rate entries into the Jharkhand State GST Rate schedule for goods transport agency services to governmental bodies registered solely for tax deduction under Section 51, banking services to PMJDY Basic Saving Bank Deposit account holders, and rehabilitation services by Rehabilitation Council-recognised professionals at specified institutions; amends certain schedule entries to include banking companies, substitutes and omits specific serial entries, and adds a definition of "financial institution" consistent with the Reserve Bank of India Act. Effective from 01 January 2019.
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