9911796707
TMI BlogAmendment in Notification No. 11/2017-State Tax (Rate), dated the 29th June, 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... e Tax (Rate) Maharashtra Goods and Services Tax Act, 2017. No. MGST-1023/C.R.62/Taxation-1 . 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 Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Gover ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rate higher than 2.5%, credit of 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 state tax a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pur 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 state tax at the rate of 6% (Rs. 48). If B charges A state 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. 4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (Rate)], dated the 29th June 2017, was published in the Maharashtra Government Gazette, Part IV-B, Extra-ordinary No. 182, dated the 29th June 2017 and was last amended vide Notification No. GST-1023/C.R.39/Taxation-1 [Notification No. 06/2023-State Tax (Rate)], dated the 10th August, 2023, published in the Maharashtra Government Gazette, Part IV-B, Extra-ordinary No. 284, dated 10th August, 2023. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
