Notification No. 08/2017 corrgendum1
Date: June 30, 2017
Subject: Correction relating to valuation of ocean freight and service classification references
Description:
This corrigendum inserts a deeming valuation provision prescribing 10% of CIF value where taxable value of ocean freight services is not available. It also corrects references to service classification and serial numbering errors in Notification No. 8/2017. The corrigendum clarifies legislative intent without altering the charging scheme.
Issued for earlier notification?
Yes — corrigendum to Notification No. 8/2017–IGST (Rate).