GST rate changes for transport and health services restrict input tax credit and add GTA option to pay forward charge. Amendment revises Odisha GST entries to change rates and credit eligibility: ropeway passenger and goods transport and specified clinical establishment room charges are placed at a lower rate with input tax credit on goods (and where specified, goods and services) denied; other passenger and goods transport services and supporting transport services are assigned different rates. GTAs may exercise an annual option via Annexure V to pay GST under forward charge at the lower rate but, if opted, cannot claim input tax credit on inputs; the form, filing deadline and a special deadline for the 2022-2023 year are prescribed.
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GST rate changes for transport and health services restrict input tax credit and add GTA option to pay forward charge.
Amendment revises Odisha GST entries to change rates and credit eligibility: ropeway passenger and goods transport and specified clinical establishment room charges are placed at a lower rate with input tax credit on goods (and where specified, goods and services) denied; other passenger and goods transport services and supporting transport services are assigned different rates. GTAs may exercise an annual option via Annexure V to pay GST under forward charge at the lower rate but, if opted, cannot claim input tax credit on inputs; the form, filing deadline and a special deadline for the 2022-2023 year are prescribed.
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