Tax rate specification revised to reference rule 7, changing the method for computing tax under Odisha GST. The notification replaces the prior clause prescribing a fixed in text tax computation formula with wording requiring that tax be computed at the rate specified in rule 7 of the Odisha Goods and Services Tax Rules, 2017, thereby aligning the tax calculation method to the rate set out in the Rules.
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Tax rate specification revised to reference rule 7, changing the method for computing tax under Odisha GST.
The notification replaces the prior clause prescribing a fixed in text tax computation formula with wording requiring that tax be computed at the rate specified in rule 7 of the Odisha Goods and Services Tax Rules, 2017, thereby aligning the tax calculation method to the rate set out in the Rules.
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