According to the latest amendment in the said notification, an explanation shall be added in the Table. The explanation reflects the inclusions under the term “bus body building“. The explanation shall be entered against serial number 26, in column (3), in item (ic), in the table.
The explanation reads, “For the purposes of this entry, the term “bus body building” shall include the building of body on chassis of any vehicle falling under chapter 87 in the First Schedule to the Customs Tariff Act, 1975.”
Latest amendments solicit the addition of an explanation about Bus Body Building in Notification No. 11/2017-Central Tax (Rate) dt. 28.06.2017.
On the recommendation of Goods & Services Tax council and looking at the prevailing needs, the amendment has been made in the Notification issued on 28th June 2017, by Government of India (GOI) in the Ministry of Finance (Department of Revenue) No.11/2017- Central Tax (Rate), published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 690(E), dated the 28th June, 2017.
Prior to this amendment, the last amendment in the rule was made by GST Notification No. 20/2019-Central Tax (Rate), on 30th September 2019.
