GTA option for GST payment introduced, restricting input tax credit and requiring pre year declaration under Annexure V. Amendments revise SGST tariff entries for transport and health services, including a 2.5% rate for GTA services with an elective forward charge option exercisable via a prescribed Annexure V declaration; electing GTAs cannot claim input tax credit on inputs used for those supplies during the opted period. The changes add ropeway passenger and goods transport entries, a 2.5% entry for certain hospital room charges with input credit restriction, a 6% entry for renting of goods carriage with fuel included, and introduce definitions for print media, clinical establishment, health care services and goods transport agency.
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Provisions expressly mentioned in the judgment/order text.
GTA option for GST payment introduced, restricting input tax credit and requiring pre year declaration under Annexure V.
Amendments revise SGST tariff entries for transport and health services, including a 2.5% rate for GTA services with an elective forward charge option exercisable via a prescribed Annexure V declaration; electing GTAs cannot claim input tax credit on inputs used for those supplies during the opted period. The changes add ropeway passenger and goods transport entries, a 2.5% entry for certain hospital room charges with input credit restriction, a 6% entry for renting of goods carriage with fuel included, and introduce definitions for print media, clinical establishment, health care services and goods transport agency.
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