Removal of Notification cl.3(vi) ends 12% concessional GST; works and O&M composite contracts taxed at 18% from 01.01.2022
Case-Laws
GST
AAR held that the Applicant and the Counterparty do not qualify as a Union territory or a local authority for GST purposes. Contracts initially fell under Notification cl. 3(vi) attracting concessional GST at 12%. Notification amendments effective 01.01.2022 removed governmental authorities/entities from cl. 3(vi), and cl. 3(vi) was omitted w.e.f. 18.0
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