Notification 20/2023 - Integrated Tax Rate
Date: October 19, 2023
Effective From: October 20, 2023
Subject
Seeks to amend Notification No 01/2017- Integrated Tax (Rate) dated 28.06.2017
Content
G.S.R. ......(E).- In exercise of the powers conferred by sub-section (1) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 1/2017-Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 666(E)., dated the 28th June, 2017, namely:-
In the said notification, -
(A) in Schedule I – 5%, -
(i) after S. No. 92 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:-
(1) | (2) | (3) |
92A | 1703 | Molasses |
(ii) after S. No. 96 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:
| (1) | (2) | (3) |
| 96A | 1901 | Food preparation of millet flour, in powder form, containing at least 70% millets by weight, pre-packaged and labelled |
(B) in Schedule III – 18%,
(i) against S. No. 13, in column (3), for the words and figures “of heading 1905”, the words and figures “of heading 1905; food preparation of millet flour, in powder form, containing at least 70% millets by weight, pre-packaged and labelled ” shall be substituted;
(ii) after S. No. 25 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
(1) (2) (3) 25A 2207 10 12
Spirits for industrial use
(C) in Schedule IV – 28%, S. No. 1 and the entries relating thereto shall be omitted.
2. This notification shall come into force with effect from the 20th day of October, 2023.
Note: - The principal notification No. 1/2017- Integrated Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 666(E)., dated the 28th June, 2017 and was last amended by notification No. 14/2023– Integrated Tax (Rate), dated the 29th September, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 712(E), dated the 29th September, 2023.