Seeks to amend notification No. 08/2017-IT(R) to reduce IGST rate on specified supplies of Works Contract Services, job work for textile & textile products, printing service of books, newspapers etc, admission to planetarium, and, also to provide option to GTA & transport of passengers by motorcab service providers to avail full ITC & discharge IGST @ 12%

Seeks to amend notification No. 08/2017-IT(R) to reduce IGST rate on specified supplies of Works Contract Services, job work for textile & textile products, printing service of books, newspapers etc, admission to planetarium, and, also to provide option to GTA & transport of passengers by motorcab service providers to avail full ITC & discharge IGST @ 12% https://www.taxtmi.com/notifications?id=121563 Amendment to IGST Notification No. 8/2017 substitutes multiple rate entries to reduce IGST on specified composite works contracts and defined printing and job-work services, while preserving a higher rate for other construction and manufacturing services. Transport entries for motorcab renting/transport and goods transport agency services allow suppliers either to charge a lower rate provided they have not availed input tax credit, or to opt to avail full input tax credit and discharge IGST at an alternative rate, with a GTA that opts being required to apply that option uniformly to all its GTA supplies. en-us Tue, 22 Aug 2017 00:00:00 +0530 Tue, 19 Feb 2019 10:40:00 +0530 TaxTMI RSS Generator Seeks to amend notification No. 08/2017-IT(R) to reduce IGST rate on specified supplies of Works Contract Services, job work for textile & textile products, printing service of books, newspapers etc, admission to planetarium, and, also to provide option to GTA & transport of passengers by motorcab service providers to avail full ITC & discharge IGST @ 12% https://www.taxtmi.com/notifications?id=121563 Amendment to IGST Notification No. 8/2017 substitutes multiple rate entries to reduce IGST on specified composite works contracts and defined printing and job-work services, while preserving a higher rate for other construction and manufacturing services. Transport entries for motorcab renting/transport and goods transport agency services allow suppliers either to charge a lower rate provided they have not availed input tax credit, or to opt to avail full input tax credit and discharge IGST at an alternative rate, with a GTA that opts being required to apply that option uniformly to all its GTA supplies. Notifications GST Tue, 22 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=121563