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    <description>The Explanation inserted into Notification No.12/2017-State Tax (Rate) specifies that, for the exemption at serial number 41, the Central Government, State Government or Union territory must have 50 per cent. or more ownership in the entity either directly or through an entity wholly owned by the Central Government, State Government or Union territory, thereby clarifying the scope and applicability of that exemption.</description>
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      <description>The Explanation inserted into Notification No.12/2017-State Tax (Rate) specifies that, for the exemption at serial number 41, the Central Government, State Government or Union territory must have 50 per cent. or more ownership in the entity either directly or through an entity wholly owned by the Central Government, State Government or Union territory, thereby clarifying the scope and applicability of that exemption.</description>
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