The CBIC has issued notification which particularly states that
- Exemption of Ancillary Services Related to Electricity Supply from GST, and the exemption is regularized for the past period as well.
- Exemption for Research and Development Services supplied by a Government Entity, research associations, universities, colleges, or similar institutions from GST.
- Affiliation Services provided by State/Central educational boards and other similar bodies to Government Schools will now be exempted from GST on a prospective basis.
- Exemption from GST for certain services related to skill development.
This notification shall be effective from 10th October 2024.
[Notification No. 08/2024-Central Tax (Rate) dated 08.10.2024]