NTF. NO. 02/2018-COMPENSATION CESS (RATE), DT. 26/07/2018
Seeks to amend Notification No. 1/2017 -Compensation Cess (Rate) dated 28.06.2017 togive effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018
G.S.R.(E).- In exercise of the powers conferred by sub-section (2) of section 8 of the Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following furtheramendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 1/2017-Compensation Cess (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), videnumber G.S.R. 720 (E), dated the 28th June, 2017, namely:-
In the said notification, in the Schedule,-
(i) after S. No. 41and the entries relating thereto, the following serial numbers and the entries shall be inserted, namely:-
|
“41A |
27 |
Coal rejects supplied by a coal washery, arising out of coal on which compensation cess has been paid and no input tax credit thereofhas not been availed by any person. |
NIL”; |
(ii) after S. No. 42 A and the entries relating thereto, the following serial numbers and the entries shall be inserted, namely:-
|
“42B |
87 |
Fuel Cell Motor Vehicles |
NIL”. |
2. This notification shall come into force on the 27thJuly, 2018.
[F. No. 354/255/2018-TRU]
(Gunjan Kumar Verma)
Under Secretary to the Government of India
Note: The principal notification No.1/2017-Compensation Cess (Rate) dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 720(E), dated the 28th June, 2017 and last amended videnotification No. 1/2018-Compensation Cess (Rate) dated the 25thJanuary, 2018, published vide number G.S.R.93(E), dated the 25th January, 2018.
Corrigendum DT. 02/0/2018
G.S.R. (E). -In the notification of the Government of India, Ministry of Finance (Department of Revenue), No.2/2018-Compensation Cess(Rate), dated the 26thJuly, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 704(E), dated the 26thJuly, 2018, -
(i) at page 56, in line 13, for “and no” read “and”.
[F.No.354/255/2018-TRU(Pt-II)]
(Gunjan Kumar Verma)
Under Secretary to the Government of India
Note: The principal notification No.1/2017-Compensation Cess (Rate) dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 720(E), dated the 28th June, 2017 and last amended vide notification No. 2/2018-Compensation Cess (Rate) datedthe 26th July, 2018, published vide number G.S.R.704(E), dated the 26th July, 2018.
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