https://www.taxtmi.com/news?id=19389 Recommendations reconfigure GST treatment of services through targeted exemptions, rate reductions, ITC adjustments, valuation clarifications and reverse charge refinements. Key measures include expanded exemptions for government-related and educational services, reduced rates for construction, amusement, tailoring and select industrial services, ITC alignment for tour operators and subcontractors to government projects, exclusion of deposit/loan value from exempt supply valuation (with financial sector exceptions), deferred taxation for transfers involving development rights until conveyance, and clarified taxable status for healthcare, entertainment and betting services. en-us Thu, 18 Jan 2018 21:55:49 +0530 Fri, 19 Jan 2018 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19389 Recommendations reconfigure GST treatment of services through targeted exemptions, rate reductions, ITC adjustments, valuation clarifications and reverse charge refinements. Key measures include expanded exemptions for government-related and educational services, reduced rates for construction, amusement, tailoring and select industrial services, ITC alignment for tour operators and subcontractors to government projects, exclusion of deposit/loan value from exempt supply valuation (with financial sector exceptions), deferred taxation for transfers involving development rights until conveyance, and clarified taxable status for healthcare, entertainment and betting services. News - Thu, 18 Jan 2018 21:55:49 +0530 https://www.taxtmi.com/news?id=19389