Key Amendments in Central Tax Rates

Amendment introduced to Notification No. 12/2017-Central Tax (Rate) dated 28th June 2017. Notable changes in taxation provisions for various services and goods.

Introduction of composite supply threshold for activities related to Panchayats and Municipalities. Extension of tax exemption on certain transportation services till 30th September 2018.

Inclusion of intermediary financial services provided in multi-services SEZ with IFSC status. Expansion of services covered under Right to Information Act, 2005.

Revision of entrance examination services provided by educational institutions. Adjustment in the threshold for right to admission to events or places. Amendments facilitated by Ruchi Bisht, Under Secretary to the Government of India. Effective from 28th June 2017, with the latest amendment dated 14th November 2017.