The Government of Andhra Pradesh on March 11, 2025, issued an amendment to the Andhra Pradesh Goods and Services Tax Act, 2017 Notification.
The following has been stated-
The Government of Andhra Pradesh, exercising its powers under various sections of the Andhra Pradesh Goods and Services Tax Act, 2017, has issued amendments to the notification G.O.Ms.No.588, Revenue (CT-II) Department. These changes are made following the recommendations of the Goods and Services Tax Council to serve the public interest.
One of the key amendments involves modifying the wording in serial number 25A of the notification. The phrase "transmission and distribution" is replaced with "transmission or distribution" to ensure clarity and consistency in the interpretation of the provision.
Additionally, a new entry has been added to cover services of insurance provided by the Motor Vehicle Accident Fund, constituted under section 164B of the Motor Vehicles Act, 1988. This service, provided against contributions made by insurers from premiums collected for third-party motor vehicle insurance, is exempted from GST, with both the rate and conditions specified as "Nil".
Further, an insertion has been made under serial number 69 to include training partners approved by the National Skill Development Corporation, expanding the scope of entities covered under the GST exemptions.
Moreover, the amendment also includes the deletion of item (w) effective from April 1, 2025, and the addition of item (zja), which defines "insurer" as per the meaning assigned under section 2(9) of the Insurance Act, 1938.
These amendments aim to enhance the efficiency of the GST system and provide necessary clarifications to ensure smoother implementation and compliance.
[Notification No. 157]
