CBIC vide Notification No. 07/2021 Central Tax (Rate) dated September 30, 2021 has further amended Notification No. 12/2017-Central Tax (Rate) dated June 28, 2017 (“Services exemption notification”), in order to adhere to the recommendations of 45th GST Council meeting held on September 17, 2021. Some of the exempted services are as under:
Entry No. 1: Services by an entity registered under section 12AA of the Income-tax Act, 1961 by way of charitable activities. Now Section 12AB has also been inserted.
Entry No. 9AA: 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 Women’s World Cup 2020 to be hosted in India whenever rescheduled. 3. After serial number 9AA, S. No. 9AB is being inserted to exempt following services as under
| Sl. No | Chapter, Section, Heading, Group or Service Code (Tariff) | Description of Services | Rate (per cent) | Condition |
| 9AB | Chapter 99 | Services provided by and to Asian Football Confederation (AFC) and its subsidiaries directly or indirectly related to any of the events under AFC Women’s Asia Cup 2022 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 AFC Women’s Asia Cup 2022 |
Entry No. 19A and 19B: Validity of GST exemption on transport of goods by vessel and air from India to outside India is extended upto September 30, 2022. Earlier it was exempted till September 30, 2021. 6. Entry No 43 omitted: Exemption withdrawn on “Services of leasing of assets (rolling stock assets including wagons, coaches, locos) by the Indian Railways Finance Corporation to Indian Railways.”
Entry No. 61A inserted: Services by way of grant of National Permit to goods carriages on payment of fee is exempted. Earlier it was taxable at 18%.
Entry No. 72: Skill Training for which Government bears 75% or more of the expenditure. Presently exemption applies only if Government funds 100%.
Entry 82B inserted: Services by way of right to admission to the events organised under AFC Women’s Asia Cup 2022. Earlier it was taxable at 18%.