Clause 13
Amendment of First Schedule
of Goods and Services Tax (Amendment) Bill
BillNot in forceProvision 13 of 17
Clause 13
Paragraph 8(1) of the First Schedule to the principal Act is amended by deleting sub-paragraph (ii) of sub‑paragraph (a) and substituting the following sub-paragraph:“(ii)exempt supplies of —
(A)
financial services specified in paragraph 1 of Part I of the Fourth Schedule, where the financial services are international services under section 21(3); or
(B)
investment precious metals referred to in paragraph 1A of Part I of the Fourth Schedule, where the supplies of the investment precious metals are supplies referred to in section 21(6), (6A) or (7); or”.