PUNJAB GOVT. GAZ. (EXTRA), MARCH 7, 2018 (PHGN 16, 1939 SAKA) 281
PART III GOVERNMENT OF PUNJAB DEPARTMENT OF EXCISE AND TAXATION (EXCISE AND TAXATION-II BRANCH) NOTIFICATION The 27th February, 2018 No.S.O.20/P.A.5/2017/S.11/2018.-In exercise of the powers conferred by sub-section
(1) of section 11 of the Punjab Goods and Services Tax Act, 2017 (Punjab Act No.5 of 2017), and all powers enabling him in this behalf, the Governor of Punjab, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, on and with effect from 25th January, 2018, is pleased to make the following amendment in the Government of Punjab, Department of Excise and Taxation, Notification No. S.O.37/P.A.5/ 2017/S.11/2017 dated the 30th June, 2017 published in the Punjab Government Gazette, (Extraordinary), Part III, dated the 30th June, 2017, namely:- AMENDMENT In the said notification, in the Table, -
(a) against serial number 3, in the entry under 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 Composite supply of goods and services in which the value Nil Nil”;
99 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.
(c) against serial number 16,in the entry under 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 PUNJAB GOVT. GAZ. (EXTRA), MARCH 7, 2018 (PHGN 16, 1939 SAKA) 282 entries shall be inserted, namely: -
(1) (2) (3) (4) (5) “19A Heading Services by way of transportation of Nil Nothing contained in 9965 goods by an aircraft from customs this serial number shall station of clearance in India to a place apply after the 30th outside India. day of September,
2018.
19B Heading Services by way of transportation of Nil Nothing contained in 9965 goods by a vessel from customs station this serial number shall of clearance in India to a place outside apply after the 30th India. day of September,
2018.”;
(e) against serial number 22,in the entry under 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 Services of life insurance provided or agreed to be provided Nil Nil”;
9971 or by the Naval Group Insurance Fund to the personnel of Coast Heading Guard under the Group Insurance Schemes of the Central 9991 Government.
(g) against serial number 36,in the entry under 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 Services by way of reinsurance of the insurance schemes Nil Nil”;
9971 or specified in serial number 35 or 36.
Heading 9991 PUNJAB GOVT. GAZ. (EXTRA), MARCH 7, 2018 (PHGN 16, 1939 SAKA) 283
(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 Services by an intermediary of financial services located in Nil Nil”;
9971 a multi services SEZ with International Financial Services Centre (IFSC) status to a customer located outside India for international financial 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.
(j) against serial number 45,in the entry under 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 Services by way of fumigation in a warehouse of agricultural Nil Nil”;
9985 produce.
(l) against serial number 54,in the entry under 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 under 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 Services by way of providing information under the Right Nil Nil”;
9991 to Information Act, 2005 (22 of 2005).
(o) against serial number 66, in the entry under 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.”;
PUNJAB GOVT. GAZ. (EXTRA), MARCH 7, 2018 (PHGN 16, 1939 SAKA) 284
(p) against serial number 77, in the entry under 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 under 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;
(d) planetarium, where the consideration for right to admission to the events or placesas referred to in items (a), (b), (c) or (d) above is not more than Rs 500 per person.”.
M.P. SINGH, Additional Chief Secretary-cum- Financial Commissioner (Taxation) to Government of Punjab, Department of Excise and Taxation.
PUNJAB GOVT. GAZ. (EXTRA), MARCH 7, 2018 (PHGN 16, 1939 SAKA) 285 1453/3-2018/Pb. Govt. Press, S.A.S. Nagar