The Maharashtra Authority of Advance Ruling (“AAR”) in Re: MH Ecolife E-Mobility Pvt. Ltd. (Advance Ruling No. 60/2020-21/B-116 dated December 22, 2021) held that services by way of supplying, operating, and maintaining air-conditioned electrically operated buses would be chargeable @ 12% with Input Tax Credit (“ITC”) and @ 5% without ITC.
Source: a2ztaxcorp.com
