IGST exemption scope aligned with customs exemption framework; institutional eligibility and departmental nomenclature amended accordingly.
Revises Notification No.47/2017-Integrated Tax (Rate) by redefining the Table entry for serial number 1 to specify public funded research institutions, universities, IITs, IISc Bangalore and Regional Engineering Colleges (other than hospitals), and by substituting "Department of Scientific and Industrial Research" for "Department of Scientific and Research" in specified Table entries. It re numbers the existing Explanation as Explanation 1 and inserts Explanation 2 aligning the exemption with Customs Notification No. 51/96 Customs, made applicable with effect from mid November 2017, under powers of section 6(1) read with section 6(3) of the IGST Act.

Concessional GST on used vehicles applies tax only on the supplier's margin, subject to input tax credit exclusion.
Concessional IGST applies to inter state supplies of specified old and used motor vehicles by taxing only the supplier's margin above a prescribed base rate. Vehicle categories are defined by tariff headings and physical specifications. Margin is computed as consideration less depreciated value if depreciation was claimed, or as selling price less purchase price otherwise, with negative margins ignored. The scheme does not apply if the supplier has availed input tax credit, CENVAT, VAT credit or other taxes on the goods.

UTGST exemption rules revised to align with customs notification and amend institutional descriptions and department name.
Substitutes the Serial No.1 entry to specify public funded research institutions, universities, Indian Institutes of Technology, Indian Institute of Science, Bangalore, and Regional Engineering Colleges (excluding hospitals), and replaces "Department of Scientific and Research" with "Department of Scientific and Industrial Research" for Serial Nos.1, 2 and 4. Inserts Explanation 2 aligning the exemption with the Government of India Customs notification and making that alignment applicable from 15th November, 2017.

Concessional UTGST on used vehicles taxes only the supplier margin at prescribed rates, excluding supplies with input tax credit.
Concessional UTGST limits tax on specified old and used motor vehicles to the amount calculated at the prescribed rate on the supplier's margin. Margin for depreciated assets equals consideration less depreciated value; otherwise it is selling price less purchase price, with negative margins ignored. The concession is inapplicable where the supplier has availed input tax credit, CENVAT, VAT credit or other tax credits on the goods, and vehicle classification follows the Motor Vehicles Act and related rules.

IGST rate amendment adjusts tariff schedule entries, reclassifying feeds, adding oilcake and rice bran, and adding hearing-aid parts.
Amendment to the IGST rate notification substitutes and inserts specific tariff schedule entries: it revises feed-related descriptions, inserts entries for de-oiled rice bran and cotton seed oil cake with HS headings, substitutes a chapter code and certain item descriptions including an exclusion for a specified agricultural input and replacement of a devotional ash item, and adds a new serial entry to include parts for manufacture of hearing aids across any chapter.

Concessional CGST on used motor vehicles: central tax applies only to the supplier's margin where no input tax credit is claimed.
Concessional central tax applies to specified old and used motor vehicles by taxing only the supplier's margin. Where depreciation was claimed, margin equals consideration received less depreciated value on the date of supply; otherwise margin equals selling price less purchase price, with negative margins ignored. The concession does not apply if the supplier has availed input tax credit, CENVAT, VAT credit or other tax credits on the goods.

CGST rate amendments: specific tariff entries substituted and new items (feeds, oilcakes, hearing-aid parts) inserted under notification.
Amendment to the CGST rate notification substitutes the description at S. No. 102 covering various feeds and agricultural supplements, inserts S. Nos. 102A and 102B for de-oiled rice bran (2302) and cotton seed oil cake (2306), substitutes tariff code 7117 at S. No. 136A, adds the qualifier "other than ghamella" at S. No. 137, replaces item (v) at S. No. 148 with "Vibhuti", and inserts S. No. 151 for "Parts for manufacture of hearing aids".

IGST rate amendments: tariff insertions and reclassifications adjust GST treatment and scope for specified goods.
Notification amends the IGST tariff by inserting, substituting and omitting specific goods across Schedules set at 5%, 12%, 18%, 28%, 3% and 0.25%, thereby reallocating items such as tamarind kernel powder, mehendi paste in cones, rice bran, LPG for household consumers, bio pesticides, biodiesel, sugar boiled confectionery, 20 litre bottled drinking water, irrigation equipment, launch vehicle/satellite instruments, fertilizer grade phosphoric acid, bamboo and wooden joinery, buses running exclusively on bio fuels, and actionable claims from betting into specified rate entries while narrowing or deleting existing descriptions and adding targeted exceptions.

UTGST Rate amendments revise tariff entries and insert classifications for specified feeds, oil cakes and hearing-aid parts.
Amendment of the UTGST Rate Schedule substitutes specific item descriptions to clarify the scope of feeds and agricultural feed materials, inserts separate entries for de-oiled rice bran and cotton seed oil cake, substitutes a tariff heading number, excludes a particular form of a horticultural input from an existing entry, amends an item name, and inserts a new serial entry categorising "Parts for manufacture of hearing aids." These changes refine tariff classifications and item descriptions in the Notification No.2/2017 Schedule.

UTGST rate amendments update taxable goods lists and revise schedule entries across multiple rate bands.
This notification amends the principal UTGST rate notification by inserting, substituting and omitting specific tariff entries across multiple rate schedules (2.5%, 6%, 9%, 14%, 1.5%, 0.125%). It adds distinct goods (e.g., tamarind kernel powder; mehendi paste in cones; rice bran; household LPG; bio-pesticides; bio-diesel; bamboo joinery), revises product descriptions and headings, excludes specified items from broader entries, and reclassifies precious and semi-precious stones and related jewellery items.

IGST exemption on imported royalties and license fees to extent of customs duties paid on declared consideration.
Exempts IGST on specified imported services to the extent of the aggregate customs duties leviable on consideration declared as royalties and license fees included in the transaction value under the Customs Valuation Rules, where the appropriate customs duties have been paid on that declared portion.

GST rate amendments reclassify and reallocate specified goods across rate schedules, altering tariff treatment and product-specific taxation.
Amendments to the principal notification under the Central Goods and Services Tax Act revise multiple rate Schedules by inserting, substituting and omitting entries to reclassify specified goods. Key changes add tamarind kernel powder, mehendi paste in cones, rice bran, household LPG entries, bio-pesticides, biodiesel, sugar boiled confectionery, drinking water in 20-litre bottles, irrigation and spraying equipment, cigarette filter rods, bamboo joinery, sanitary ware, and reclassify precious and semi-precious stones and imitation jewellery, while substituting and omitting several earlier schedule entries.

Exemption for profit petroleum: CGST does not apply to Central Government's contractual share paid under petroleum exploration leases.
Exempts from central tax the intra State supply of services by way of grant of license or lease to explore or mine petroleum crude or natural gas where the consideration paid to the Central Government is characterized in the contract as the Central Government's share of profit petroleum, removing CGST liability on that specific contractual form of consideration.

Exemption of IGST on Central Government's share of profit petroleum removes integrated tax on consideration under exploration/mining leases.
Exempts from integrated tax the Central Government's share of profit petroleum paid as consideration under contracts granting licenses or leases to explore for or mine petroleum crude or natural gas, applying to the inter State supply of services by way of such grants and limited to the amount defined in the contract as the Central Government's share of profit petroleum.

UTGST exemption for license or lease services to explore or mine petroleum where consideration is Central Government's share of profit petroleum.
The Central Government exempts from Union territory tax the intra State supply of services by way of grant of license or lease to explore or mine petroleum crude or natural gas to the extent the tax is leviable on the consideration paid to the Central Government that is defined in the contract as the Central Government's share of profit petroleum.

Timing of UTGST liability: tax arises when property possession or rights are conveyed to the supplier of development rights.
The notification treats suppliers exchanging development rights for construction services (and vice versa) as subject to a timing rule: UT tax liability arises when the developer or builder transfers possession or rights in the constructed property to the supplier of development rights by executing a conveyance deed, allotment letter or similar instrument.

Integrated tax liability timing: IGST on development-rights versus construction-service exchanges arises on transfer of possession by conveyance.
Notification prescribes that where supply involves exchange between development rights and construction services, the liability to pay integrated tax on such supplies arises when the developer or builder transfers possession or the right in the constructed property to the person supplying the development rights, as evidenced by a conveyance deed, allotment letter or similar instrument.

Tax liability timing for construction-for-development-rights: liability arises when possession or right in the constructed property is transferred.
Registered persons supplying development rights in exchange for construction services, and those supplying construction services in exchange for development rights, are subject to a special rule: the liability to pay central tax on such supplies (where consideration is received as construction service or development rights) arises when the developer, builder or construction company transfers possession or the right in the constructed complex, building or civil structure to the supplier of development rights by executing a conveyance deed or similar instrument.

Reverse Charge Mechanism applied to government renting of immovable property to registered persons under GST.
The amendment applies the Reverse Charge Mechanism to renting of immovable property supplied by Central/State/UT/local authorities to any person registered under the Central Goods and Services Tax Act, 2017, making the registered recipient liable to pay tax; it also adds that "insurance agent" shall carry the meaning given in clause (10) of section 2 of the Insurance Act, 1938.

Reverse Charge Mechanism applies to government renting of immovable property to registered persons under GST.
The notification inserts entry 6A prescribing that services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a person registered under the Central Goods and Services Tax Act, 2017 are taxable under the Reverse Charge Mechanism, identifying supplier and recipient classes read with clause (v) of section 20 of the IGST Act, 2017.