Zero IGST on services provided by Fair Price Shops to Government and
those provided by and to FIFA for FIFA U-1
[Ref: Notification No.
21/2017-Integrated Tax (Rate)
dated 22 August 2017]
Seeks to amend notification No.
09/2017-IT(R) to exempt services provided by Fair Price Shops to Government and
those provided by and to FIFA for FIFA U-17. Also to substitute RWCIS &
PMFBY for MNAIS & NAIS, and insert explanation for LLP
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 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
28th June, 2017, namely:-
In the said
notification,- (i) in
the
Table,-
(a) after serial number 10
and the entries relating thereto, the following shall be inserted namely:-
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
“10A |
Chapter
99 |
Services provided by and to Fédération Internationale
de Football Association
(FIFA) and
its subsidiaries directly
or indirectly related to any of the
events under FIFA U-17 World Cup 2017 to be hosted in
India. |
Nil |
Provided that Director (Sports), Ministry of Youth Affairs and
Sports certifies that
the services are directly
or indirectly related to any of the events
under FIFA U-17
World Cup 2017.”; |
(b) after serial number 12 and the entries relating thereto, the following shall be inserted namely:-
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
“12A |
Heading 9961 Or Heading 9962 |
Service provided by Fair
Price Shops to Central Government by
way of sale of wheat, rice and coarse grains under Public
Distribution System(PDS)
against consideration in
the form of commission or margin. |
Nil |
Nil |
|
12B |
Heading 9961 or Heading 9962 |
Service provided by Fair
Price Shops to State
Governments or Union territories by way of sale
of kerosene, sugar, edible oil, etc.
under Public Distribution System (PDS) against
consideration
in the form of commission
or margin. |
Nil |
Nil”; |
(c) against serial
number 36, in column (3),-
(A) in item (h), for the words “Weather Based Crop Insurance Scheme or the Modified National
Agricultural Insurance Scheme”,
the words, brackets
and letters “Restructured Weather Based
Crop Insurance Scheme (RWCIS)”, shall be substituted;
(B) in item (j), for the words “National Agricultural Insurance
Scheme (Rashtriya Krishi Bima Yojana)”, the
words, brackets and letters “Pradhan Mantri Fasal BimaYojana (PMFBY)”, shall be substituted;
(ii) in paragraph 3, in the Explanation, after clause (ii),
the following clause shall be inserted, namely:-
“(iii) A “Limited Liability
Partnership” formed and registered under the provisions of the Limited Liability
Partnership Act, 2008 (6 of 2009) shall also be considered as a partnership firm
or a
firm.”.
[F. No.354/173/2017 -TRU]