GST on bio-fuel public transport buses classifies them under the schedule and subjects them to the prescribed tax rate. Buses used in public transport running exclusively on bio-fuels are classified under Schedule 3 and attract the prescribed integrated tax rate until the specified expiry, following insertion by the relevant notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST on bio-fuel public transport buses classifies them under the schedule and subjects them to the prescribed tax rate.
Buses used in public transport running exclusively on bio-fuels are classified under Schedule 3 and attract the prescribed integrated tax rate until the specified expiry, following insertion by the relevant notification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.