Seeks to insert explanation in an entry in Notification No. 12/2017 – State Tax (Rate) by exercising powers conferred under section 11(3) of MGST Act, 2017.

Seeks to insert explanation in an entry in Notification No. 12/2017 – State Tax (Rate) by exercising powers conferred under section 11(3) of MGST Act, 2017. https://www.taxtmi.com/notifications?id=126746 The government inserts an explanation into the relevant notification entry clarifying that, for the purpose of the exemption, the Central Government, State Government or Union Territory shall have 50 per cent. or more ownership in the entity directly or through an entity which is wholly owned by the Central Government, State Government or Union territory. en-us Thu, 20 Sep 2018 00:00:00 +0530 Tue, 25 Sep 2018 10:15:00 +0530 TaxTMI RSS Generator Seeks to insert explanation in an entry in Notification No. 12/2017 – State Tax (Rate) by exercising powers conferred under section 11(3) of MGST Act, 2017. https://www.taxtmi.com/notifications?id=126746 The government inserts an explanation into the relevant notification entry clarifying that, for the purpose of the exemption, the Central Government, State Government or Union Territory shall have 50 per cent. or more ownership in the entity directly or through an entity which is wholly owned by the Central Government, State Government or Union territory. Notifications GST - States Thu, 20 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=126746