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    <title>Seeks to provide for a concessional rate on intra state supply of bricks conditional to not availing the ITC</title>
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    <description>A concessional state tax rate is prescribed for intra-state supplies of specified bricks and tiles, conditional on the supplier not availing input tax credit for inputs and services used exclusively for those supplies; where inputs or services are used partly for these supplies and partly for other taxable supplies, the supplier must reverse input tax credit as if the supply were exempt, following the statutory reversal mechanism and interpretive rules of the Customs Tariff Schedule. The concession is effective from the start of the fiscal year.</description>
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    <pubDate>Fri, 22 Apr 2022 00:00:00 +0530</pubDate>
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      <title>Seeks to provide for a concessional rate on intra state supply of bricks conditional to not availing the ITC</title>
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      <description>A concessional state tax rate is prescribed for intra-state supplies of specified bricks and tiles, conditional on the supplier not availing input tax credit for inputs and services used exclusively for those supplies; where inputs or services are used partly for these supplies and partly for other taxable supplies, the supplier must reverse input tax credit as if the supply were exempt, following the statutory reversal mechanism and interpretive rules of the Customs Tariff Schedule. The concession is effective from the start of the fiscal year.</description>
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      <pubDate>Fri, 22 Apr 2022 00:00:00 +0530</pubDate>
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