Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

GST RATE ON JCB PROVIDE TO MUNICIPAL CORPORATION

amol bramhankar (artical tranee) (261 Points)

22 April 2023

GST RATE ON JCB PROVIDE TO MUNICIPAL CORPORATION is 5% or other rate

Reply
Follow
Share

3 Replies

ashish (ca) (82 Points)
Replied 22 April 2023

As per the GST Act 2017, the GST rate for the supply of JCB to Municipal Corporations is 5%. This is because JCB falls under the category of goods that are used for construction or maintenance of public infrastructure, which are eligible for a reduced rate of GST under Notification No. 11/2017-Central Tax (Rate) dated 28th June 2017.

Upgrade to CAclubindia Pro. Subscribe Now!

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 24 April 2023

In my view It will cover Under rental services of transport with operator . in such rental services where the cost of fuel is included in consideration charged from recipient is now attracts GST rate 12% from 18/7/2022 vide Notification 3/2022 CT rate which amending principal Notification 11/2017 CT rate