Telangana Revises GST Exemptions: Speed Post, Life Insurance Taxable for Non-Government; New Rules for Travel and Healthcare Services.

The Government of Telangana has amended Notification No. 12/2017-State Tax (Rate) under the Telangana Goods and Services Tax Act, 2017. Key changes include the omission of certain services such as speed post and life insurance from tax exemptions when provided to non-government entities. Amendments also involve adjustments to tax provisions for air travel, storage services, and tour operator services, particularly those involving foreign tourists. New exemptions and conditions are introduced for services like recreational training and certain healthcare services. These changes take effect from July 18, 2022, as per the order of the Governor of Telangana.

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