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of <h1>Maharashtra Amends GST Notification: Exempts Specific Services, Clarifies 'Financial Institution' Definition Effective January 1, 2019.</h1> The Government of Maharashtra has amended Notification No. 12/2017-State Tax (Rate) under the Maharashtra Goods and Services Tax Act, 2017, effective January 1, 2019. The amendments exempt certain services from state tax, including services by goods transport agencies to government entities registered solely for tax deduction purposes, banking services to Basic Saving Bank Deposit account holders under the Pradhan Mantri Jan Dhan Yojana, and services by rehabilitation professionals recognized under the Rehabilitation Council of India Act. Additionally, the definition of 'financial institution' is clarified. These changes are made in public interest based on recommendations from the Council.
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