Concessional CGST rate for supplies to Exploration and Production - rate revised from 2.5% to 6% - Seeks to amend notification No. 3/2017- Central Tax (Rate) dated 13th July, 2022 - 08/2022 - Central GST (CGST) Rate
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Concessional CGST rate revised for supplies to exploration and production, amendment substitutes higher rate in existing notification. The Central Government, on the recommendation of the Council, amends Notification No. 3/2017 Central Tax (Rate) by substituting the rate entry in column (4) against the specified serial number in the Table, thereby altering the concessional CGST treatment for supplies to exploration and production; the amendment is made by Notification No. 08/2022 Central Tax (Rate) dated 13 July 2022 and comes into force on 18 July 2022.
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Concessional CGST rate revised for supplies to exploration and production, amendment substitutes higher rate in existing notification.
The Central Government, on the recommendation of the Council, amends Notification No. 3/2017 Central Tax (Rate) by substituting the rate entry in column (4) against the specified serial number in the Table, thereby altering the concessional CGST treatment for supplies to exploration and production; the amendment is made by Notification No. 08/2022 Central Tax (Rate) dated 13 July 2022 and comes into force on 18 July 2022.
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