Seeks to amend Notification No 1135-F.T. dated 28.06.2017 relating to rates of taxable services which inter alia seeks to restrict ITC on supply of passenger transportation service and renting of any motor vehicle to 2.5%. https://www.taxtmi.com/notifications?id=141234 Where a supplier of input service in the same line of business charges State tax at a rate higher than the concessional rate, credit of input tax on that input service in the same line of business shall be available only to the extent of tax corresponding to the concessional rate, and any excess tax charged by the input service supplier shall not be taken as input tax credit; illustrated by a motor cab transport example. en-us Thu, 07 Dec 2023 00:00:00 +0530 Tue, 12 Dec 2023 18:24:00 +0530 TaxTMI RSS Generator Seeks to amend Notification No 1135-F.T. dated 28.06.2017 relating to rates of taxable services which inter alia seeks to restrict ITC on supply of passenger transportation service and renting of any motor vehicle to 2.5%. https://www.taxtmi.com/notifications?id=141234 Where a supplier of input service in the same line of business charges State tax at a rate higher than the concessional rate, credit of input tax on that input service in the same line of business shall be available only to the extent of tax corresponding to the concessional rate, and any excess tax charged by the input service supplier shall not be taken as input tax credit; illustrated by a motor cab transport example. Notifications GST - States Thu, 07 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=141234