GST exemption expanded for specified services, adding new exempt categories and adjusting valuation and transitional provisions. The notification amends the Punjab GST exemption schedule by inserting numerous new exempt service entries, omitting specified supplier references in certain entries, substituting 'value of supply' for 'declared tariff', extending transitional dates, and adding a clarification that Central and State Educational Boards are treated as educational institutions for examination services; notable insertions include exemptions for old age home services to senior residents subject to a monthly cap, electricity distribution infrastructure to farmers, warehousing of minor forest produce, provident fund and NPS administrative services to members, government loan guarantees to PSUs, FSSAI testing services to food business operators, artificial insemination of livestock, assignment of royalty collection rights with a reconciliation condition, and membership fee exemptions for certain non profit bodies.
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Provisions expressly mentioned in the judgment/order text.
GST exemption expanded for specified services, adding new exempt categories and adjusting valuation and transitional provisions.
The notification amends the Punjab GST exemption schedule by inserting numerous new exempt service entries, omitting specified supplier references in certain entries, substituting "value of supply" for "declared tariff", extending transitional dates, and adding a clarification that Central and State Educational Boards are treated as educational institutions for examination services; notable insertions include exemptions for old age home services to senior residents subject to a monthly cap, electricity distribution infrastructure to farmers, warehousing of minor forest produce, provident fund and NPS administrative services to members, government loan guarantees to PSUs, FSSAI testing services to food business operators, artificial insemination of livestock, assignment of royalty collection rights with a reconciliation condition, and membership fee exemptions for certain non profit bodies.
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