GST tax calculation substituted to reference the prescribed rule, aligning turnover-based tax computation with the rule-prescribed rate. The State Government amends Notification SRO-279 by substituting the prior percentage-based tax computation with the wording 'an amount of tax calculated at the rate specified in rule 7 of the Jammu and Kashmir Goods and Services Tax Rules, 2017,' thereby aligning the notification's tax calculation with the rate prescribed in the GST Rules; the amendment takes effect from the first day of February, 2019.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST tax calculation substituted to reference the prescribed rule, aligning turnover-based tax computation with the rule-prescribed rate.
The State Government amends Notification SRO-279 by substituting the prior percentage-based tax computation with the wording "an amount of tax calculated at the rate specified in rule 7 of the Jammu and Kashmir Goods and Services Tax Rules, 2017," thereby aligning the notification's tax calculation with the rate prescribed in the GST Rules; the amendment takes effect from the first day of February, 2019.
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