CBIC Notification No. 2/2024- Central Tax (Rate) Dated 12 July 2024
Amendment in Notification 1/2017-CTR: In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby introduces the following amendments to the Ministry of Finance (Department of Revenue) Notification No. 1/2017-Central Tax (Rate), dated 28th June 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated 28th June 2017.
Amendments in Schedule II of Notification 1/2017 – 6%
- After serial number 121, the following entries are added:
- No: 121A
- Chapter / Heading / Sub-heading / Tariff item: 481910, 481920
- Description of Goods: Cartons, boxes, and cases of (a) corrugated paper or paperboard; or (b) non-corrugated paper or paperboard.
- After serial number 180, the following entries are added:
- No: 180A
- Chapter / Heading / Sub-heading / Tariff item: 7310, 7323, 7612, 7615
- Description of Goods: Milk cans made of Iron, Steel, or Aluminium.
- After serial number 183, the following entries are added:
- No: 183A
- Chapter / Heading / Sub-heading / Tariff item: 7321, 8516
- Description of Goods: Solar cookers.
- Against serial number 199, in column (3), after the word “brooders”, the words and symbol “; parts thereof” shall be inserted.
Amendments in Schedule III of Notification 1/2017 – 9%
- For serial number 153A, the following entries are substituted:
- No: 153A
- Chapter / Heading / Sub-heading / Tariff item: 4819 (except 481910, 481920)
- Description of Goods: All Goods (other than Cartons, boxes, and cases of (a) corrugated paper or paperboard; or (b) non-corrugated paper or paperboard).
- Against serial number 224, after the word “equipment”, the words and symbols “other than Milk cans made of Iron, or Steel” shall be inserted.
- Against serial number 235, in column (3), the words “and wood burning stoves of iron or steel” shall be substituted with “wood burning stoves of iron or steel, and solar cookers”.
- Against serial number 273, after the words “boxes, etc.”, the words and symbols “; other than Milk cans made of Aluminium” shall be inserted.
- Against serial number 275A, after the words “Utensils”, the words and symbols “; Milk cans made of Aluminium” shall be inserted.
- Against serial number 378A, in column (3), the words and symbol “domestic purposes;” shall be substituted with “domestic purposes [other than solar cookers];”.
Amendment in Clause (ii) under the Explanation:
After Schedule VII, in the Explanation, in clause (ii), the following proviso is added:
“Provided that notwithstanding anything contained in the Legal Metrology Act, 2009 (1 of 2010) and the rules made thereunder, as amended from time to time, the supply of agricultural farm produce in packages containing more than 25 kilograms or 25 liters shall not be considered as a supply made within the scope of the expression ‘pre-packaged and labelled’.”
This notification shall come into effect on the 15th of July, 2024.
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To Access the Notification No 2/2024 – CTR from the official GST site CLICK HERE
To Access the Notification No 1/2017 – CTR from the official GST site CLICK HERE
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