Important Keyword: gst vehicle rental rate india, notification 08/2017 corrigendum, gst transport vehicle rental 18 percent, igst service rate correction, gst corrigendum services,
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[F. No. 334/1/2017 –TRU]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, the 5th July, 2017
Corrigendum to Notification No. 08/2017 - Integrated Tax (Rate)
GST: [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
G.S.R. (E). – In the English version of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 8/2017-Integrated Tax (Rate), dated the 28th June, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i), vide number G.S.R. 683 (E), dated the 28th June, 2017, in the Table, in Sl No. 10, in column (3) and column (4), for
| (3) | (4) |
| “(ii) Rental services of transport vehicles with or without operators, other than (i) above. | 9” |
read
| (3) | (4) |
| “(ii) Rental services of transport vehicles with or without operators, other than (i) above. | 18” |
(Ruchi Bisht)
Under Secretary to the
Government of India
📚 Frequently Asked Questions (FAQs): Corrigendum to Notification No. 08/2017 — Integrated Tax (Rate)
Q1: What is this corrigendum about?
Answer: It corrects GST rate for vehicle rentals.
The rate was changed from 9% to 18%.
Q2: Why was 9% incorrect?
Answer: It is not a valid IGST rate.
GST rates are standardized slabs.
Q3: What is current GST rate?
Answer: 18%.
Applies to rental of transport vehicles.
Q4: Does it apply with operator?
Answer: Yes.
Both with and without operator are covered.
Q5: Who is affected?
Answer: Rental and logistics businesses.
Anyone providing vehicle rental services.
Q6: Is ITC available?
Answer: Generally yes.
Depends on usage and conditions.
Q7: What if wrong rate was charged?
Answer: Tax must be corrected.
Difference may be payable.
Q8: Is this still applicable?
Answer: Yes.
18% continues as standard rate.
Q9: Does this apply to cab services?
Answer: Depends on structure.
Different rules may apply for passenger transport.
Q10: Should old invoices be revised?
Answer: If incorrect, yes.
Better to correct proactively.
Q11: What is biggest mistake?
Answer: Ignoring corrigendum.
Leads to wrong GST payment.
Q12: How to stay updated?
Answer: Follow GST notifications regularly.
Track amendments and corrigendums.
Q13: Is this a policy change?
Answer: No.
Just correction of error.
Download PDF: Corrigendum to Notification No. 08/2017 — Integrated Tax (Rate)
More Information: https://taxinformation.cbic.gov.in/
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