https://www.taxtmi.com/article/detailed?id=11984 Amendments by Notifications 12-20 (effective 20 October 2023) recalibrate GST incidence: restrict input tax credit on passenger transport and vehicle rental services where suppliers charge a lower rate than their input-service providers, create a statutory distinction between "Governmental Authority" and "Government Entity" with specified exemptions for services to governmental authorities, exclude Ministry of Railways from certain exemptions so its supplies are under forward charge, clarify denial of inverted-duty refunds as limited to specified residential construction supplies, adjust e commerce reverse-charge for certain organized bus operators, and revise rates and refund eligibility for specified goods including millets, molasses and polyester film used in imitation zari. en-us Wed, 25 Oct 2023 10:00:16 +0530 Wed, 25 Oct 2023 10:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11984 Amendments by Notifications 12-20 (effective 20 October 2023) recalibrate GST incidence: restrict input tax credit on passenger transport and vehicle rental services where suppliers charge a lower rate than their input-service providers, create a statutory distinction between "Governmental Authority" and "Government Entity" with specified exemptions for services to governmental authorities, exclude Ministry of Railways from certain exemptions so its supplies are under forward charge, clarify denial of inverted-duty refunds as limited to specified residential construction supplies, adjust e commerce reverse-charge for certain organized bus operators, and revise rates and refund eligibility for specified goods including millets, molasses and polyester film used in imitation zari. Articles Goods and Services Tax - GST Wed, 25 Oct 2023 10:00:16 +0530 https://www.taxtmi.com/article/detailed?id=11984