GST exemptions expanded to include specified transport, banking and rehabilitation services, with revised headings and financial institution definition. The notification amends the Nagaland SGST schedule by inserting nil-rated entries for services by goods transport agencies to certain government and registered agencies, banking services to basic saving bank deposit account holders under PMJDY, and rehabilitation services by recognised professionals at specified institutions; it revises certain heading references and descriptions, omits a prior serial entry, and defines 'financial institution' by reference to clause (c) of section 45-I of the Reserve Bank of India Act, 1934, effective 1 January 2019.
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GST exemptions expanded to include specified transport, banking and rehabilitation services, with revised headings and financial institution definition.
The notification amends the Nagaland SGST schedule by inserting nil-rated entries for services by goods transport agencies to certain government and registered agencies, banking services to basic saving bank deposit account holders under PMJDY, and rehabilitation services by recognised professionals at specified institutions; it revises certain heading references and descriptions, omits a prior serial entry, and defines "financial institution" by reference to clause (c) of section 45-I of the Reserve Bank of India Act, 1934, effective 1 January 2019.
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