Tax exemption for FIFA-related event services enables nil state tax; fair price shop PDS services also exempt. The notification amends the State Tax (Rate) schedule to introduce nil-rated services: services by and to the international football federation related to the FIFA U-17 World Cup, conditional on certification by the Director (Sports); and services by Fair Price Shops to Central and State Governments under the Public Distribution System when remunerated by commission or margin. It also substitutes updated names for crop insurance schemes in the schedule and clarifies that a Limited Liability Partnership registered under the LLP Act shall be considered a partnership firm for the notification's purposes.
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Tax exemption for FIFA-related event services enables nil state tax; fair price shop PDS services also exempt.
The notification amends the State Tax (Rate) schedule to introduce nil-rated services: services by and to the international football federation related to the FIFA U-17 World Cup, conditional on certification by the Director (Sports); and services by Fair Price Shops to Central and State Governments under the Public Distribution System when remunerated by commission or margin. It also substitutes updated names for crop insurance schemes in the schedule and clarifies that a Limited Liability Partnership registered under the LLP Act shall be considered a partnership firm for the notification's purposes.
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