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    Chapter 7 Exemptions From GST (Mnemonics)

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    mohit lokhande
    The document lists various exemptions from Goods and Services Tax (GST) in India. It provides abbreviations or mnemonics and their corresponding full forms for various services and entities that are exempt from GST. These include exemptions for certain charitable activities, services provided by rehabilitation professionals, post office services, health services, supplies by governmental authorities, transportation of certain items, and more. The document acts as a reference guide for understanding the scope of GST exemptions in India.

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    Chapter 7 Exemptions From GST (Mnemonics)

    Uploaded by

    mohit lokhande
    58 views3 pages
    The document lists various exemptions from Goods and Services Tax (GST) in India. It provides abbreviations or mnemonics and their corresponding full forms for various services and entities that are exempt from GST. These include exemptions for certain charitable activities, services provided by rehabilitation professionals, post office services, health services, supplies by governmental authorities, transportation of certain items, and more. The document acts as a reference guide for understanding the scope of GST exemptions in India.

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    Chapter 7 Exemptions from GST (Mnemonics)

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    The document lists various exemptions from Goods and Services Tax (GST) in India. It provides abbreviations or mnemonics and their corresponding full forms for various services and entities that are exempt from GST. These include exemptions for certain charitable activities, services provided by rehabilitation professionals, post office services, health services, supplies by governmental authorities, transportation of certain items, and more. The document acts as a reference guide for understanding the scope of GST exemptions in India.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    58 views3 pages

    Chapter 7 Exemptions From GST (Mnemonics)

    Uploaded by

    mohit lokhande
    The document lists various exemptions from Goods and Services Tax (GST) in India. It provides abbreviations or mnemonics and their corresponding full forms for various services and entities that are exempt from GST. These include exemptions for certain charitable activities, services provided by rehabilitation professionals, post office services, health services, supplies by governmental authorities, transportation of certain items, and more. The document acts as a reference guide for understanding the scope of GST exemptions in India.

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    Exemptions from GST

    7. Exemptions from GST

    Abbreviation/Mnemonics Full Form


    PAPE P – Public health by way of care/counselling and public awareness
    (Charitable Activities) A – Advancement of Religion, Spirituality & Yoga
    P – Preservation of environment, watersheds, forests, wildlife
    E – Advancement of Educational programmes or Skill development
    RTC (Services by R – Rehabilitation
    Rehabilitation Professionals) T – Therapy
    C – Counselling
    PAIT P – Services by department of Post
    A – Airport Services
    I – Renting of Immovable Property
    T – Transport Services (Goods/Passengers)
    SALE S – Speed Post
    (Post office related services A – Agency Service
    taxable under FCM)
    L – Life Insurance
    E – Express Parcel
    SINCERE S – SEBI
    (Their services are exempt) I – IRDA
    N – NPS
    C – CMPF
    E – ESI
    R – RBI
    E - EPFO
    BATM3ANS B – Bagdogra (West Bengal)
    (Transportation services by air A – Arunachal Pradesh
    embarking from or terminating
    T – Tripura
    in these airport are exempt)
    M – Manipur
    M – Meghalaya
    M – Mizoram
    A – Assam
    N – Nagaland
    S – Sikkim
    RANDOM R – Relief Material
    (Transportation by rail or A – Agricultural Produce
    vessel of these items within
    N – Newspaper and Magazines
    India is exempt)
    D – Defence/Military Equipment
    O – Organic Manure
    M – Milk, Salt, Food grains, Flour, Pulses, Rice
    DTC – PAI2D – AYUSHAN DTC – Diagnosis, Treatment, Care
    (Health Services exemption)
    PAI2D – Pregnancy, Abnormality, Illness, Injury, Deformity
    AYUSHAN – Ayurveda, Yoga, Unani, Siddha, Homeopathy,
    Allopathy, Naturopathy
    CG/SG/LA/UT/GA/GE CG – Central Government
    SG – State Government
    LA – Local Authority
    UT – Union Territory Government
    GA – Governmental Authority
    GE – Governmental Entity
    NA Not Applicable
    G-RC Government on Recommendation of Council
    CA Ramesh Soni 7.1
    Exemptions from GST
    Abbreviation/Mnemonics Full Form
    w.e.f. with effect from
    n/o Notification
    Premises/Km Premises/Kalyan Mandapam
    p.d. or p.m. per day or per month
    VOS Value of Supply
    KMVNL Kumaon Mandal Vikas Nigam Limited
    RP Registered Person
    URP Unregistered Person
    RCM Reverse Charge Mechanism
    FCM Forward Charge Mechanism
    TT Taxable Territory
    ATO Aggregate Turnover
    PFY Preceeding Financial Year
    VOG Value of Goods
    PSUs Public Sector Undertakings
    FI Financial Institutions
    BE Business Entity
    FSSAI Food Safety and Standards Authority of India
    DL Driving License
    ERCC Excess Royalty Collection Contractor
    SOS Supply of Service
    SOG Supply of Goods
    (E) Exempt
    (T) Taxable
    STU State Transport Undertaking
    MV Motor Vehicle
    EV Electric Vehicle
    FC First Class
    O/S India Outside India
    CTP Casual Taxable Person
    CS Coastal State
    Arch. Archaeological Sites
    RSE Recognised Sporting Event
    ITC Input Tax Credit
    OT Output Tax
    APMC Agriculture Produce Marketing Committee
    NCCD National Centre for Cold chain Development
    Est. Established
    SFS Student, Faculty and Staff
    EI Educational Institution
    NSDC National Skill Development Corporation
    SSC Sector Skill Council
    DGT Directorate General of Training
    BF/BC Business Facilitator/Business Correspondent
    LTL Long Term Lease
    TDR Transfer of Development Rights
    FSI Floor Space Index
    CC/FO (E) Completion Certificate or First Occupancy, whichever is earlier
    PTI Press Trust of India
    UNI United News of India

    CA Ramesh Soni 7.2


    Exemptions from GST
    Abbreviation/Mnemonics Full Form
    RWA Resident Welfare Association
    NTT Non-Taxable Territory
    DPs Distinct Persons
    POS Place of Supply
    UN United Nations
    LOS Location of Supplier
    LOR Location of Recipient
    SEZ Special Economic Zone
    IPR Intellectual Property Right

    CA Ramesh Soni 7.3

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