Tthe government of India issues exemption notifications to specify services that are exempt from Goods and Services Tax (GST) or subject to a lower rate of GST. These exemptions are granted to achieve various policy objectives, such as providing relief to specific industries, promoting certain types of economic activities, or supporting social welfare initiatives.
Some general categories of exempted services under specific exemption notifications in India:
Services provided by hospitals, clinics, and medical practitioners for diagnosis, treatment, or care of individuals are often exempt from GST.
Services provided by educational institutions, including pre-schools, schools, colleges, universities, and vocational training institutes, may be exempted.
Services Provided to the Government:
Certain services provided to the government, such as those by way of renting of immovable property or services by the armed forces, may be exempted.
Public Transportation Services:
Services related to public transportation, such as passenger transportation by metro, monorail, or local train services, may be exempted.
Basic Postal and Banking Services:
Basic postal services like mail and parcel services, as well as basic banking and financial services, may be exempted.
Services provided to farmers or for agricultural activities, including post-harvest operations, may be exempted.
Insurance Services for Certain Rural Areas:
Services related to life insurance provided under certain government schemes in rural areas may be exempted.
Services Related to Renewable Energy:
Services provided for the installation, commissioning, and operation of renewable energy projects may be subject to concessional rates or exemptions.
Legal Aid Services:
Legal aid services provided to individuals by legal aid authorities may be exempted.
Services by Educational Institutions:
Services provided by way of education and related services by an educational institution to its students, faculty, and staff may be exempted.
Services Related to Sport:
Services provided by a recognized sports body or organization to an athlete, including coaching services, may be exempted.
Services to UN and International Organizations:
Services provided to the United Nations or a specified international organization may be exempted.
Please note that specific items, rates, and exemptions may change based on government policy updates. It’s crucial to refer to the latest notifications and guidelines issued by the government for accurate and updated information on exempted services under GST in India. Consulting with tax professionals is recommended for specific and up-to-date guidance.