Amendments to Integrated Tax Rates
Notification Overview: Central Government introduces amendments to the Integrated Tax Rate notification, based on recommendations by the Council.
Affected Serial Number: Serial number 25 undergoes modification, specifically targeting aircraft maintenance, repair, or overhaul services.
New Inclusions: Addition of "Maintenance, repair, or overhaul services for aircraft, aircraft engines, and components" to the existing items.
Clarification: Clarification provided for item (ii), indicating its relationship with the newly added item (ia).
Effective Date: Amendments come into effect from April 1, 2020, as stipulated by the notification.
Issuing Authority: Pramod Kumar, Director to the Government of India, issues the notification.
Historical Context: Refers to the original notification published on June 28, 2017, and its most recent amendment on November 22, 2019.
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