Amendment in Notification No. 11/2017–State Tax (Rate), No. F-10-43/2017/CT/V(79), dated the 29th June, 2017 - 12/2023 - State Tax (Rate) - Chhattisgarh SGST

Restriction on input tax credit where supplier charges a higher state tax rate, limiting credit to the lower rate portion.

The notification inserts a restriction that where a supplier of an input service in the same line of business charges State tax at a rate higher than 2.5%, input tax credit on that input service in excess of tax paid or payable at 2.5% shall not be taken, illustrated by an example limiting credit to the 2.5% portion. Parallel provisos are added against serial numbers 8 and 10; textual substitution and omission are made at serial number 34; and serial numbers 696 and 698 in the annexure are omitted.