Clarifications issued regarding applicability of GST on certain services including exemption for...

Clarifications issued regarding applicability of GST on certain services including exemption for Ministry of Railways (Indian Railways) supplies to public and inter-zone/division supplies; exemption for transactions between Special Purpose Vehicles (SPVs) and Ministry of Railways; statutory collections by Real Estate Regulatory Authority (RERA) covered under GST exemption; incentive amount shared by acquiring banks with stakeholders under RuPay/UPI promotion scheme treated as subsidy and not taxable; reinsurance of specified general/life insurance schemes regularized for 01.07.2017 to 24.01.2018; reinsurance of government-sponsored insurance schemes regularized for 01.07.2017 to 26.07.2018; retrocession services included in 'reinsurance'; a..... .....

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