GST exemptions for specified services expanded to cover certain government transport, PMJDY banking and rehabilitation services. The notification amends the Assam GST schedule by inserting exemptions for goods transport agency services to certain government and local entities registered solely for tax deduction purposes; banking services to Basic Saving Bank Deposit account holders under the national inclusion scheme; and rehabilitation services by recognised professionals at specified public or registered establishments, revises certain tariff headings and entries, omits one serial entry, expands an existing entry to include banking companies, and adds a definition of financial institution aligned with the Reserve Bank statute; effective 1 January 2019.
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GST exemptions for specified services expanded to cover certain government transport, PMJDY banking and rehabilitation services.
The notification amends the Assam GST schedule by inserting exemptions for goods transport agency services to certain government and local entities registered solely for tax deduction purposes; banking services to Basic Saving Bank Deposit account holders under the national inclusion scheme; and rehabilitation services by recognised professionals at specified public or registered establishments, revises certain tariff headings and entries, omits one serial entry, expands an existing entry to include banking companies, and adds a definition of financial institution aligned with the Reserve Bank statute; effective 1 January 2019.
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