Service exemptions for electricity-distribution ancillaries, grant-funded R&D, educational affiliation, and national skills services now recognised. The amendment adds nil-rated exemptions for: services incidental to electricity transmission and distribution (including metering equipment on rent, meter/transformer/capacitor testing, releasing connections, shifting meters/service lines, issuing duplicate bills); research and development services against grants supplied to government entities or institutions notified under the Income Tax Act (provided notification exists at time of supply); affiliation services by educational boards to government-established schools; and consolidated exemptions for services by National Skill Development and related bodies in relation to national skill programmes and qualifications. It also renames the vocational council to National Council for Vocational Education and Training. Effective 10th October 2024.
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Provisions expressly mentioned in the judgment/order text.
Service exemptions for electricity-distribution ancillaries, grant-funded R&D, educational affiliation, and national skills services now recognised.
The amendment adds nil-rated exemptions for: services incidental to electricity transmission and distribution (including metering equipment on rent, meter/transformer/capacitor testing, releasing connections, shifting meters/service lines, issuing duplicate bills); research and development services against grants supplied to government entities or institutions notified under the Income Tax Act (provided notification exists at time of supply); affiliation services by educational boards to government-established schools; and consolidated exemptions for services by National Skill Development and related bodies in relation to national skill programmes and qualifications. It also renames the vocational council to National Council for Vocational Education and Training. Effective 10th October 2024.
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