Integrated Tax (Rate) Notification No. 29 of 2018 DT 31st December, 2018, GST

 

Seeks to amend notification No. 9/2017- Integrated Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018. 

  The Extract of GST Notification No. 29/2018 – Integrated Tax (Rate) is given below: 

               Notification No. 29/2018 – Integrated Tax (Rate), GST

 

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] 

Government of India 

Ministry of Finance 

(Department of Revenue) 

Notification No. 29/2018- Integrated Tax (Rate) 

New Delhi, the 31^st December, 2018

 

G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.9/2017- Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 684 (E), dated the 28^th June, 2017, namely:-

 

In the said notification, - 

(i)in the Table, -

 

(a)   after serial number 22A and the entries relating thereto, the following serial number and entries shall be inserted, namely: -

 

(1)	(2)	(3)	(4)	(5)
“22B	Heading	Services provided by a goods transport agency,	Nil	Nil”;
	9965  or	by  way  of  transport  of  goods  in  a  goods
	Heading	carriage, to, -
	9967	(a)  a  Department  or  Establishment  of  the
		Central Government or State Government or
		Union territory; or
		(b) local authority; or
		(c) Governmental agencies,
		which has taken registration under the Central
		Goods and Services Tax Act, 2017 (12 of 2017)
		only  for  the  purpose  of  deducting  tax  under
		Section 51 and not for making a taxable supply
		of goods or services.

 

(b)   after serial number 28 and the entries relating thereto, the following serial number and entries shall be inserted, namely: - 

(1)	(2)	(3)	(4)	(5)
“28A	Heading	Services  provided  by  a  banking  company  to	Nil	Nil”;
	9971	Basic  Saving  Bank  Deposit  (BSBD)  account
		holders under Pradhan Mantri Jan Dhan Yojana
		(PMJDY).
		1