GST exemption expanded to include select government-directed goods transport, PMJDY banking services and rehabilitation professionals. Amendments insert nil-rated entries for services by goods transport agencies to government entities where the recipient is registered only to deduct tax under section 51, services by banking companies to PMJDY basic savings account holders, and rehabilitation, therapy or counselling services by Rehabilitation Council of India-recognised professionals at specified institutions; substitute a tariff heading entry; omit a serial entry; insert 'banking companies and' in an existing entry; and add a definition adopting the Reserve Bank of India Act meaning of 'financial institution'.
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Provisions expressly mentioned in the judgment/order text.
GST exemption expanded to include select government-directed goods transport, PMJDY banking services and rehabilitation professionals.
Amendments insert nil-rated entries for services by goods transport agencies to government entities where the recipient is registered only to deduct tax under section 51, services by banking companies to PMJDY basic savings account holders, and rehabilitation, therapy or counselling services by Rehabilitation Council of India-recognised professionals at specified institutions; substitute a tariff heading entry; omit a serial entry; insert "banking companies and" in an existing entry; and add a definition adopting the Reserve Bank of India Act meaning of "financial institution".
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