https://www.taxtmi.com/circulars?id=67086 Input tax credit in the same line of business is confined to passenger transport and renting with operator; leasing without operator is excluded and taxed like vehicle sale. Electricity bundled with renting or maintenance is a composite supply taxed at the principal supply rate, whereas bona fide pure agent reimbursements billed on actuals are excluded from value. Job work converting barley to malt attracts the lower job work rate for food products. State-set DMFTs are governmental authorities eligible for exemptions. Horticulture services to CPWD with goods 25% qualify for exemption under the specified notification. en-us Thu, 09 Nov 2023 00:00:00 +0530 Sat, 13 Jan 2024 13:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67086 Input tax credit in the same line of business is confined to passenger transport and renting with operator; leasing without operator is excluded and taxed like vehicle sale. Electricity bundled with renting or maintenance is a composite supply taxed at the principal supply rate, whereas bona fide pure agent reimbursements billed on actuals are excluded from value. Job work converting barley to malt attracts the lower job work rate for food products. State-set DMFTs are governmental authorities eligible for exemptions. Horticulture services to CPWD with goods 25% qualify for exemption under the specified notification. Circulars GST - States Thu, 09 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67086