Amendments in Integrated Tax Rates for Government Entities and Services

The Central Government amends the Integrated Tax (Rate) notification to enhance clarity and coverage. Notable changes affect Notification No. 9/2017 - Integrated Tax (Rate) dated June 28, 2017.

Expansion of the definition of "Governmental Authority" to include Central and State Governments, Union territories, local authorities, and more. Introduction of a new category, Chapter 99, covering the supply of services by a Government Entity to specified recipients.

Exemptions for certain recipients from services provided by goods transport agencies. Introduction of services by way of access to road or bridge on payment of annuity under Heading 9967.

Clarifications on upfront amounts payable for granting long-term leases of industrial plots by government entities. Amendments aim to refine tax applicability and foster smoother transactions for government-related services. (Ruchi Bisht) Under Secretary to the Government of India