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Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 2/2018- Central Tax (Rate)
New Delhi, the 25th January, 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 amendments in 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), vide number G.S.R. 691(E), dated the 28th June,
2017, namely:-
In the said notification, in the Table, -
(a) against serial number 3, in the entry in column (3), after the words “a
Governmental Authority” the words “ or a Government Entity” shall be inserted;
(b) after serial number 3 and the entries relating thereto, the following
serial number and entries shall be inserted, namely: -
| (1) |
(2) |
(3) |
(4) |
(5) |
| 3A |
Chapter 99 |
Composite supply of goods and services in which the value of supply
of goods constitutes not more than 25 per cent. of the value of the said
composite supply provided to the Central Government, State Government or
Union territory or local authority or a Governmental authority or a
Government Entity by way of any activity in relation to any function
entrusted to a Panchayat under article 243G of the Constitution or in
relation to any function entrusted to a Municipality under article 243W
of the Constitution. |
Nil |
Nil |
(c) against serial number 16, in the entry in column (3), for the words “one
year”, the words “three years” shall be substituted;
(d) after serial number 19 and the entries relating thereto, the following
serial number and entries shall be inserted, namely: -
| (1) |
(2) |
(3) |
(4) |
(5) |
| 19A |
Heading 9965 |
Services by way of transportation of goods by an aircraft from
customs station of clearance in India to a place outside India. |
Nil |
Nothing contained in this serial number shall apply after the 30th
day of September, 2018. |
| 19B |
Heading 9965 |
Services by way of transportation of goods by a vessel from customs
station of clearance in India to a place outside India. |
Nil |
Nothing contained in this serial number shall apply after the 30th
day of September, 2018 |
(e) against serial number 22, in the entry in column (3), after item (b), the
following item shall be inserted, namely:
“(c) motor vehicle for transport of students, faculty and staff, to a person
providing services of transportation of students, faculty and staff to an
educational institution providing services by way of pre-school education and
education upto higher secondary school or equivalent.”;
(f) after serial number 29 and the entries relating thereto, the following
serial number and entries shall be inserted, namely: -
| (1) |
(2) |
(3) |
(4) |
(5) |
| 29A |
Heading 9971 or Heading 9991 |
Services of life insurance provided or agreed to be provided by the
Naval Group Insurance Fund to the personnel of Coast Guard under the
Group Insurance Schemes of the Central Government. |
Nil |
Nil |
(g) against serial number 36, in the entry in column (3), in item (c), for
the words “fifty thousand”, the words “two lakhs” shall be substituted;
(h) after serial number 36 and the entries relating thereto, the following
serial number and entries shall be inserted, namely:-
| (1) |
(2) |
(3) |
(4) |
(5) |
| 36A |
Heading 9971 or Heading 9991 |
Services by way of reinsurance of the insurance schemes specified in
serial number 35 or 36. |
Nil |
Nil |
(i) after serial number 39 and the entries relating thereto, the following
serial number and entries shall be inserted, namely: -
| (1) |
(2) |
(3) |
(4) |
(5) |
| 39A |
Heading 9971 |
Services by an intermediary of financial services located in a multi
services SEZ with International Financial Services Centre (IFSC) status
to a customer located outside India for international inancial services
in currencies other than Indian rupees (INR).
Explanation.- For the
purposes of this entry, the intermediary of financial services in IFSC
is a person,-
(i) who is permitted or recognised as such by the
Government of India or any Regulator appointed for regulation of IFSC;
or
(ii) who is treated as a person resident outside India under the
Foreign Exchange Management (International Financial Services Centre)
Regulations, 2015; or (iii) who is registered under the Insurance
Regulatory and Development Authority of India (International Financial
Service Centre) Guidelines, 2015 as IFSC Insurance Office; or
(iv)
who is permitted as such by Securities and Exchange Board of India
(SEBI) under the Securities and Exchange Board of India (International
Financial Services Centres) Guidelines, 2015 |
Nil |
Nil |
(j) against serial number 45, in the entry in column (3),-
(i) in item (a), after sub-item (ii), the following sub-item shall be
inserted, namely:- “(iii) the Central Government, State Government, Union
territory, local authority, Governmental Authority or Government Entity;”;
(ii) in item (b), after sub-item (iii), the following sub-item shall be
inserted, namely:- “(iv) the Central Government, State Government, Union
territory, local authority, Governmental Authority or Government Entity;”;
(iii) in item (c), after sub-item (ii), the following sub-item shall be
inserted, namely:- “(iii) the Central Government, State Government, Union
territory, local authority, Governmental Authority or Government Entity.”;
(k) after serial number 53 and the entries relating thereto, the following
serial number and entries shall be inserted, namely: -
| (1) |
(2) |
(3) |
(4) |
(5) |
| 53A |
Heading 9985 |
Services by way of fumigation in a warehouse of agricultural
produce. |
Nil |
Nil |
(l) against serial number 54, in the entry in column (3), after item (g), the
following item shall be inserted, namely:-
“(h) services by way of fumigation in a warehouse of agricultural produce.”;
(m)against serial number 60, in the entry in column (3), the words “the
Ministry of External Affairs,” shall be omitted;
(n) after serial number 65 and the entries relating thereto, the following
serial number and entries shall be inserted, namely: -
| (1) |
(2) |
(3) |
(4) |
(5) |
| 65A |
Heading 9991 |
Services by way of providing information under the Right to
Information Act, 2005 (22 of 2005). |
Nil |
Nil |
(o) against serial number 66, in the entry in column (3),-
(i) after item
(a), the following item shall be inserted, namely:-
“(aa) by an educational
institution by way of conduct of entrance examination against consideration in
the form of entrance fee;”;
(ii) in item (b),-
(A)in sub-item (iv), the
words “upto higher secondary” shall be omitted;
(B) after sub-item (iv), the
following sub-item shall be inserted, namely:-
“(v) supply of online
educational journals or periodicals:”;
(C) in the proviso, for the word,
brackets and letter “entry (b)”, the words, brackets and letters “sub-items (i),
(ii) and (iii) of item (b)” shall be substituted;
(D) after the proviso, the
following proviso shall be inserted, namely:-
“Provided further that nothing
contained in sub-item (v) of item (b) shall apply
to an institution providing
services by way of,-
(i) pre-school education and education up to higher
secondary school or equivalent; or
(ii) education as a part of an approved
vocational education course.”;
(p) against serial number 77, in the entry in column (3), in item (c), for
the words “five thousand”, the words “seven thousand five hundred” shall be
substituted;
(q) against serial number 81, for the entry in column (3), the following
entry shall be substituted, namely:
“Services by way of right to admission to
(a) circus, dance, or theatrical performance including drama or ballet;
(b) award function, concert, pageant, musical performance or any sporting
event other than a recognised sporting event;
(c) recognised sporting event;
(c) recognised sporting event;
(d) planetarium,
where the consideration for right to admission to the events or places as
referred to in items (a), (b), (c) or (d) above is not more than Rs 500 per
person.”.
(Ruchi Bisht)
Under Secretary to the Government of India
[F.
No.354/13/2018 -TRU]
Note: -The principal notification was published in the Gazette of India,
Extraordinary, vide notification
No. 12/2017 - Central Tax (Rate), dated the
28th June, 2017, vide number G.S.R. 691 (E), dated the 28th June, 2017 and was
last amended by notification No. 47/2017 - Central Tax (Rate), dated the 14th
November, 2017 vide number G.S.R. 1406(E), dated the 14th November, 2017.
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