TMI BlogRates for supply of services under CGST Act - Serial no. 8,10 and 34 amended - Notification No 11/2017- Central Tax (Rate) dated 28.06.2017 as amendedX X X X Extracts X X X X X X X X Extracts X X X X ..... 9th October, 2023 G.S.R. 759 (E). - In exercise of the powers conferred by sub-section (1), sub-section (3) and sub-section (4) of section 9 , sub-section (1) of section 11 , sub-section (5) of section 15 , sub-section (1) of section 16 and section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on being satisfied that it is necessary in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f input tax charged on the input service in the same line of business in excess of the tax paid or payable at the rate of 2.5%, shall not be taken. Illustration: A engages B for transport from New Delhi to Jaipur in a motor cab for Rs. 1000. B , for supplying the said service, hires a motor cab with operator from C for Rs. 800. C charges B central tax at the rate of 6% (Rs. 48). If ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 00. B , for supplying the said service, hires a motor cab with operator from C for Rs. 800. C charges B central tax at the rate of 6% (Rs. 48). If B charges A central tax at the rate of 2.5%, he shall be entitled to take input tax credit on the input service in the same line of business supplied by C only to the extent of Rs. 20 (2.5% of Rs. 800) and not Rs. 48. ; (iii) against ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xtraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 690 (E), dated the 28th June, 2017 and was last amended vide notification number 06/2023-Central Tax (Rate), dated the 26th July, 2023 published in the Gazette of India, Extraordinary, Part II , Section 3 , Sub-section (i) vide number G.S.R. 537(E), dated the 26th July, 2023. - Notification Tax Management India - taxmanag ..... X X X X Extracts X X X X X X X X Extracts X X X X
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