GST exemption amendments expand nil-rated insurance services and revise entries for transmission, training partners, and insurer definitions. Amends the West Bengal GST exemption-rate notification by substituting 'transmission and distribution' with 'transmission or distribution', inserting a nil-rated entry for insurance services provided by the Motor Vehicle Accident Fund against contributions made by insurers, and extending an entry to a training partner approved by the National Skill Development Corporation. It also omits item (w) from 1 April 2025 and inserts a definition of 'insurer' aligned with the Insurance Act, 1938.
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GST exemption amendments expand nil-rated insurance services and revise entries for transmission, training partners, and insurer definitions.
Amends the West Bengal GST exemption-rate notification by substituting "transmission and distribution" with "transmission or distribution", inserting a nil-rated entry for insurance services provided by the Motor Vehicle Accident Fund against contributions made by insurers, and extending an entry to a training partner approved by the National Skill Development Corporation. It also omits item (w) from 1 April 2025 and inserts a definition of "insurer" aligned with the Insurance Act, 1938.
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