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GST supply exclusions for entities registered solely for tax deduction expand, altering transport, banking-facilitator and security service coverage. Amendments clarify that goods transport agency services to government departments, local authorities or governmental agencies are excluded where those recipients are registered solely for tax deduction and not for taxable supplies. New entries treat services by business facilitators to banking companies and agents of business correspondents to business correspondents as taxable where parties are in the taxable territory. Security services supplied to registered persons are included, with exclusions for government entities registered only for tax deduction and for persons under the composition scheme. Applicability to Parliament and State Legislatures is expressly added.
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Provisions expressly mentioned in the judgment/order text.
GST supply exclusions for entities registered solely for tax deduction expand, altering transport, banking-facilitator and security service coverage.
Amendments clarify that goods transport agency services to government departments, local authorities or governmental agencies are excluded where those recipients are registered solely for tax deduction and not for taxable supplies. New entries treat services by business facilitators to banking companies and agents of business correspondents to business correspondents as taxable where parties are in the taxable territory. Security services supplied to registered persons are included, with exclusions for government entities registered only for tax deduction and for persons under the composition scheme. Applicability to Parliament and State Legislatures is expressly added.
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