Notification No. 02/2020 – Central Tax (Rate): Seeks to amend Notification No. 11/2017-Central Tax (Rate) dt. 28.06.2017 reducing CGST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircraft from 18% to 5% with full ITC.

Important Keyword: F. No. 354/32/2020- TRU, Notification No. 02/2020 – Central Tax (Rate), Section 9(4)(3)(1) CGST Act 2017, Section 15(5) CGST Act 2017, Section 11(1) CGST Act 2017, Section 148 CGST Act 2017.

[F. No. 354/32/2020- TRU]
Government of India
Ministry of Finance
(Department of Revenue)

New Delhi, the 26^th March, 2020

Notification No. 02/2020 – Central Tax (Rate)

GST: [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

G.S.R…..(E).- In exercise of the powers conferred by sub-section (1), (3) and sub-section (4) of section 9, sub-section (1) of section 11, sub-section (5) of section 15 and section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council,

Hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.11/2017- Central Tax (Rate), dated the 28^th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 690(E), dated the 28^th June, 2017, namely:-

In the said notification, in the Table, against serial number 25,

(i). after item (i) and entries relating thereto, in columns (3), (4) and (5), the following items and entries shall be inserted, namely, –

(3)	(4)	(5)
“(ia) Maintenance, repair or overhaul services in respect of aircrafts, aircraft engines and other aircraft components or parts.	2.5	–

(ii). in item (ii), in column (3), after the brackets and figures “(i)”, the word, brackets, and figures “and (ia)” shall be inserted.

2. This notification shall come into force with effect from the 1^st day of April, 2020.

(Pramod Kumar)
Director to the
Government of India

Note: – The principal notification No. 11/2017 – Central Tax (Rate), dated the 28^th June, 2017 was published in the Gazette of India, Extraordinary, vide number G.S.R. 690 (E), dated the 28^th June, 2017 and was last amended by notification No. 26/2019 – Central Tax (Rate), dated the 22^nd November, 2019 vide number G.S.R. 870 (E), dated the 22^nd November, 2019.

Read More: Notification No. 04/2020 – Central Tax (Rate): Extension of CGST exemption on services by way of transportation of goods by air or by sea from customs station of clearance in India to a place outside India, by one year i.e. up to 30.09.2021.

Web Stories: Notification No. 04/2020 – Central Tax (Rate): Extension of CGST exemption on services by way of transportation of goods by air or by sea from customs station of clearance in India to a place outside India, by one year i.e. up to 30.09.2021.

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