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Taxation Bihar Ministry of Finance Bihar Goods and Services Tax Act, 2017

Govt of Bihar Notifies GST Exemptions for Vocational Education and Power Utility Services

09-Oct-2024 | 08/2024-State Tax (Rate)

Government of Bihar has issued a Notification regarding the amendment to Notification No. 12/2017-State Tax (Rate), effective from 10th October 2024. Key Highlights: 1. New GST Exemptions on Utility Services: A new entry has been added under serial number 25A, exempting GST on services incidental to electricity transmission and distribution, such as metering equipment rentals and testing services. 2. Research and Development Services: Exemption under serial number 44A now includes research and development services provided by government entities and educational institutions. These services must be in connection with grants and approved under specific provisions of the Income Tax Act, 1961. 3. Educational Services: Services provided by Central and State Educational Boards to schools, including affiliation services, have been added under serial number 66A, exempting them from GST. 4. Vocational Training: Extensive amendments were made to serial number 69, replacing the term "National Council for Vocational Training" with "National Council for Vocational Education and Training." This includes a wider range of vocational training services exempt from GST under the National Skill Development Programme.

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