Government rental services to registered taxpayers classified under SGST; insurance agent definition added and amendment operational. A new entry classifies services supplied by the Central Government, State Government, Union territory or local authority by way of renting immovable property to any person registered under the State GST Act as a distinct supply category under the notification. The amendment also inserts a definition stating that 'insurance agent' shall have the meaning assigned in clause (10) of section 2 of the Insurance Act, 1938. These changes are deemed effective from 25th January, 2018.
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Provisions expressly mentioned in the judgment/order text.
Government rental services to registered taxpayers classified under SGST; insurance agent definition added and amendment operational.
A new entry classifies services supplied by the Central Government, State Government, Union territory or local authority by way of renting immovable property to any person registered under the State GST Act as a distinct supply category under the notification. The amendment also inserts a definition stating that "insurance agent" shall have the meaning assigned in clause (10) of section 2 of the Insurance Act, 1938. These changes are deemed effective from 25th January, 2018.
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