Page 192 - GSTL_23rd April 2020_Vol 35_Part 4

518 GST LAW TIMES [ Vol. 35
recognisably systematic
series, not open to use by
passengers
“(vi) Leasing of motor 65 per cent, of
vehicles purchased and the rate of
leased prior to 1st July, central tax as
2017 applicable on
supply of like
goods involv-
ing transfer of
title in goods.
Note :- Noth-
ing contained
in this entry
shall apply on
or after 1st
July, 2020
(vii) Time charter of ves- 2.5 Provided that
sels for transport of goods credit of input
tax charged
on goods
(other than on
ships, vessels
including bulk
carriers and
tankers) has
not been taken
(viii) Leasing or rental Same rate of -
services, with or without central tax as
operator, other than (i), on supply of
(ii), (iii), (iv), (v), (vi) and like goods
(vii) above involving
transfer of
title in goods

The Serial No. 17 of the said notification was amended vide Notification No.
27/2018-Central Tax (Rate), dated 31-12-2018 (applicable w.e.f. 1-1-2019) by in-
troducing following entries :

Sl. Chapter, Description of Service Rate (per cent.) Con-
No. Section dition
or
Heading
1 2 3 4 5
(viia) Leasing or renting Same rate of central tax
of goods as applicable on supply
of like goods involving
transfer of title in goods

GST LAW TIMES  23rd April 2020  312