https://www.taxtmi.com/article/detailed?id=7826 Recommendations emphasize GST rate rationalization with specified reductions and select nil ratings for listed goods, conditional cess removals for certain vehicles and margin taxed used vehicles (contingent on non availment of prior input tax credit), and harmonization of IGST treatment for specialized export oriented scientific and space equipment. They further expand service exemptions and lower rates for defined services, adjust rates for specified construction and leisure services, and prescribe conditions for input tax credit refundability and valuation consistency. en-us Sat, 20 Jan 2018 07:48:45 +0530 Sat, 20 Jan 2018 07:48:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7826 Recommendations emphasize GST rate rationalization with specified reductions and select nil ratings for listed goods, conditional cess removals for certain vehicles and margin taxed used vehicles (contingent on non availment of prior input tax credit), and harmonization of IGST treatment for specialized export oriented scientific and space equipment. They further expand service exemptions and lower rates for defined services, adjust rates for specified construction and leisure services, and prescribe conditions for input tax credit refundability and valuation consistency. Articles Goods and Services Tax - GST Sat, 20 Jan 2018 07:48:45 +0530 https://www.taxtmi.com/article/detailed?id=7826