CENTRAL TAX (RATE) NTF. NO. 28/2018, DT. 31/12/2018
Seeks to amend notification No. 12/2017- Central 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.
G.S.R. (E).-In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 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 amendmentsin the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.12/2017-Central Tax (Rate), dated the 28th June, 2017,published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), videnumber G.S.R. 691(E),dated the 28th June, 2017, namely:-
In the said notification, -
(i) in the Table, -
(a) after serialnumber 21A and the entries relating thereto, the following serial number and entries shall be inserted, namely: -
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
“21B |
Heading 9965 or Heading 9967 |
Services provided by a goods transport agency, by way of transport of goods in a goods carriage,to, -
(a) a Department or Establishment of the Central Government orState Governmentor Union territory;or
(b) local authority; or
(c) Governmental agencies,
which hastaken registration under the Central Goods and Services TaxAct, 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. |
Nil |
Nil”; |
(b) after serial number 27 and the entries relating there to, the following serial number and entries shall be inserted, namely: -
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
“27A |
Heading 9971 |
Services provided by a banking company to Basic Saving Bank Deposit (BSBD) account holders under PradhanMantri Jan DhanYojana (PMJDY). |
Nil |
Nil”; |
(c) against serial number 34A, in the entry in column (3),after the letters and words “PSUs from the”, the words “bankingcompaniesand” shall be inserted;
(d) against serial number 66, for the entry in column (2), the following entry shall be substituted namely: -
“Heading 9992 or Heading 9963”;
(e) serial number 67 and the entries relating thereto, shall be omitted;
(f) after serial number 74and the entries relating thereto, the following serial number and entries shall be inserted, namely: -
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
“74A |
Heading 9993 |
Services provided by rehabilitation professionals recognised underthe Rehabilitation Council of India Act, 1992 (34 of 1992) by way of rehabilitation, therapy orcounselling and such other activity as covered by the said Act at medical establishments, educational institutions, rehabilitation centers established by Central Government, State Government or Union territoryor an entity registered under section 12AA of the Income-tax Act, 1961 (43 of 1961). |
Nil |
Nil”; |
(ii) in paragraph 2, after clause (za), the following clause shall be inserted, namely: -
“(zaa) “financial institution” has the same meaning as assigned toit in clause (c) of section 45-I of the Reserve Bank of India Act,1934 (2 of 1934).”.
2. This notification shall come into force on the 1stday of January, 2019.
[F. No.354/428/2018-TRU]
(GunjanKumar Verma)
Under Secretary to the Government of India
Note: -The principal notification No. 12/2017 -Central Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, vide number G.S.R. 691 (E), dated the 28th June, 2017and was last amended by notification No.23/2018-Central Tax (Rate),dated the 20th September, 2018 vide number G.S.R. 906(E), dated the 20th September, 2018.
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