WebJun 29, 2024 · The GST Council in its 43 rd meeting recommended the change in place of supply of the impugned services. To give effect to this decision, the Government has issued Notification No. 03/2024-Integrated Tax dated 02-06-2024 (‘the relevant Notification’). This article discusses the amendment and its possible implications on MRO Sector dealing ... WebSection 17(5) of CGST/SGST Act 2024 specifies certain goods and services in respect of which Input Tax Credit cannot be claimed by a registered tax payer. This article grapples …
GST rate for Authorised Service Stations for Motor Vehicles Servicing ...
WebApr 1, 2024 · GST GST on Repair or Maintenance of motor vehicle service jibi (nil) (30 Points) 16 June 2024 how to tax repair and maintance of motor vehicle on gst regim 8 … WebApr 29, 2024 · 2.5 GST Tax Rates for Services Related to Motor Vehicles Business. 2.5.1 For Passenger Transport. Transport of passengers by any motor vehicle designed to carry passengers where the cost of fuel is … churchill and the jews martin gilbert
Vehicle Maintenance Allowance - Income Tax Tax planning
WebOct 7, 2024 · In the given case the goods which have been used for repair of car are in the nature of movable goods as they can be trasnferred from one place to another; Further, as per Section 10 (1) (a) of the IGST Act, 2024 where the supply involves movement of goods the place of supply of such goods shall be the location of the goods at the time at which ... WebApr 14, 2024 · But ITC on motor vehicle on repairs and maintenance can be claimed under the following conditions.. 1. Motor Vehicle for transportation of persons having approved … WebGenerally, when you lease a specified motor vehicle from a business that is a GST/HST registrant, you have to pay the GST/HST on your lease payments. If you trade a used vehicle for full or partial payment for a lease, the GST/HST treatment depends on if you have to charge tax on the trade-in. churchill and the cold war