GST exemption scope expanded to include FIFA event services and specified storage and insurance services, altering registration threshold wording. The notification replaces monetary threshold wording with a reference to the amount qualifying for exemption from registration under the Telangana Goods and Services Tax Act, inserts nil-rated exemptions for FIFA U-17 Women's World Cup-related services subject to certification by Director (Sports), adds nil-rated entries for right-to-admission to FIFA events, inserts nil-rated storage and warehousing services for listed agricultural and raw products, adds nil-rated life insurance services for Central Armed Police Forces Group Insurance Funds, and updates certain textual entries and year references; effective from the first day of October, 2019.
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GST exemption scope expanded to include FIFA event services and specified storage and insurance services, altering registration threshold wording.
The notification replaces monetary threshold wording with a reference to the amount qualifying for exemption from registration under the Telangana Goods and Services Tax Act, inserts nil-rated exemptions for FIFA U-17 Women's World Cup-related services subject to certification by Director (Sports), adds nil-rated entries for right-to-admission to FIFA events, inserts nil-rated storage and warehousing services for listed agricultural and raw products, adds nil-rated life insurance services for Central Armed Police Forces Group Insurance Funds, and updates certain textual entries and year references; effective from the first day of October, 2019.
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