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of <h1>New GST Exemptions for Electricity, Education, and R&D Services Effective October 2024; Vocational Council Renamed &D.</h1> The Central Government has amended Notification No. 12/2017-Central Tax (Rate) to include new exempted services under the Central Goods and Services Tax Act, 2017. These amendments introduce exemptions for services related to electricity supply, research and development funded by grants, educational affiliations, and vocational training services. Specifically, services such as providing metering equipment, research services by government entities, and services by educational boards to government schools are now exempt. Additionally, the term 'National Council for Vocational Training' has been updated to 'National Council for Vocational Education and Training.' These changes are effective from October 10, 2024.
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