GST rate amendments reclassify works contracts and set tax treatment for passenger and goods transport services. The notification substitutes table entries to reclassify composite supplies of works contracts (enumerating eligible projects such as historical monuments, irrigation works, roads, urban renewal and housing mission projects, railways, single residential units, low-cost houses, post-harvest storage and mechanised grain handling) and retains a residual construction services category. It revises concessional entries for passenger transport by motorcab, renting of motorcab (where fuel cost is included), and services of goods transport agencies, conditioning concessional State tax treatment on non-availability of input tax credit and providing an option-binding rule for GTAs opting for the lower rate.
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Provisions expressly mentioned in the judgment/order text.
GST rate amendments reclassify works contracts and set tax treatment for passenger and goods transport services.
The notification substitutes table entries to reclassify composite supplies of works contracts (enumerating eligible projects such as historical monuments, irrigation works, roads, urban renewal and housing mission projects, railways, single residential units, low-cost houses, post-harvest storage and mechanised grain handling) and retains a residual construction services category. It revises concessional entries for passenger transport by motorcab, renting of motorcab (where fuel cost is included), and services of goods transport agencies, conditioning concessional State tax treatment on non-availability of input tax credit and providing an option-binding rule for GTAs opting for the lower rate.
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