GST rate amendment: new tariff entries for goods transport agency, PMJDY banking services, and rehabilitation services clarified. Amendment inserts new tariff entries: Heading 9965/9967 for goods transport agency services to government bodies registered only for tax deduction under Section 51 (state tax rate shown in the table); Heading 9971 for banking company services to Basic Saving Bank Deposit account holders under PMJDY as nil-rated; Heading 9993 for rehabilitation professionals recognised under the Rehabilitation Council of India Act when providing services at specified public or registered entities as nil-rated. The definition of 'financial institution' is added by reference to clause (c) of section 45-I of the Reserve Bank of India Act, 1934. The notification is effective from 1 January 2019.
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Provisions expressly mentioned in the judgment/order text.
GST rate amendment: new tariff entries for goods transport agency, PMJDY banking services, and rehabilitation services clarified.
Amendment inserts new tariff entries: Heading 9965/9967 for goods transport agency services to government bodies registered only for tax deduction under Section 51 (state tax rate shown in the table); Heading 9971 for banking company services to Basic Saving Bank Deposit account holders under PMJDY as nil-rated; Heading 9993 for rehabilitation professionals recognised under the Rehabilitation Council of India Act when providing services at specified public or registered entities as nil-rated. The definition of "financial institution" is added by reference to clause (c) of section 45-I of the Reserve Bank of India Act, 1934. The notification is effective from 1 January 2019.
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