This notification inserts an Explanation against Serial No. 43 of Notification No. 9/2017–Integrated Tax (Rate) to clarify the meaning of government ownership for availing exemption. It specifies that Central Government, State Government or Union Territory must hold 50% or more ownership in the entity, directly or through a wholly owned government entity. The clarification removes ambiguity regarding eligibility for exemption.

Issued for earlier notification?
Yes — it amends Notification No. 9/2017–Integrated Tax (Rate).