GST registration scope clarified: exclusions for goods transport and security services, and new entries for banking facilitator services. Amendment excludes from the goods transport agency entry services by road to government departments, local authorities or governmental agencies that are registered solely for deducting tax. It adds three entries covering business facilitator services to banking companies, agents of business correspondents to business correspondents, and security services to registered persons, with specified provisos excluding certain government entities and composition taxpayers. The Explanation extends application to Parliament and State Legislatures, and the amendment is effective from January first, 2019.
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Provisions expressly mentioned in the judgment/order text.
GST registration scope clarified: exclusions for goods transport and security services, and new entries for banking facilitator services.
Amendment excludes from the goods transport agency entry services by road to government departments, local authorities or governmental agencies that are registered solely for deducting tax. It adds three entries covering business facilitator services to banking companies, agents of business correspondents to business correspondents, and security services to registered persons, with specified provisos excluding certain government entities and composition taxpayers. The Explanation extends application to Parliament and State Legislatures, and the amendment is effective from January first, 2019.
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