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CBEC Issued Notifications Regarding Changes In GST Rates & Other Decisions Taken At 23rd GST Council Meeting

CBEC has issued various notifications as per discussions taken/approved in the 23rd GST Council Meeting held on 10th November, 2017 at Guwahati. The said notifications are to be effective from 00hrs on 15th of November, 2017 unless otherwise mentioned in the notifications. The changes in rates notified is expected to bring some relief to the taxpayers/businessmen esp. the small taxpayers.

Central Tax (Rate) Notifications - Link

Notification No. & Date of Issue
Subject
47/2017-Central Tax (Rate), dt. 14-11-2017
To amend notification No. 12/2017-CT(R) so as to extend exemption to admission to “protected monument” and to consolidate entry at Sl. No. 11A & 11B.
46/2017-Central Tax (Rate), dt. 14-11-2017
To amend notification No. 11/2017-CT(R) so as to specify rate @ 2.5% for standalone restaurants and @9% for other restaurants, reduce rate of job work on “handicraft goods” @ 2.5% and to substitute “Services provided” in item (vi) against Sl No. 3 in table.
45/2017-Central Tax (Rate), dt. 14-11-2017
To provide concessional GST rate of 2.5% on scientific and technical equipments supplied to public funded research institutions.
44/2017-Central Tax (Rate), dt. 14-11-2017
To amend notification no. 5/2017- Central tax(rate) dated 28.06.2017
to give effect to gst council decisions regarding restriction of ITC on
certain fabrics.
43/2017-Central Tax (Rate), dt. 14-11-2017
To amend notification no. 4/2017- Central tax(rate) dated 28.06.2017
to give effect to gst council decision regarding reverse charge on raw
cotton.
42/2017-Central Tax (Rate), dt. 14-11-2017
To amend notification no. 2/2017- Central tax(rate) dated 28.06.2017
to give effect to gst council decisions regarding gst exemptions
41/2017-Central Tax (Rate), dt. 14-11-2017
To amend notification no. 1/2017- Central tax(rate) dated 28.06.2017
to give effect to gst council decisions regarding gst rates.
40/2017-Central Tax (Rate), dt. 23-10-2017
To prescribe Central Tax rate of 0.05% on intra-State supply of taxable goods by a registered supplier to a registered recipient for export subject to specified conditions.
39/2017-Central Tax (Rate), dt. 18-10-2017
To reduce GST rate on Food preparations put up in unit containers and intended for free distribution to economically weaker sections of the society under a programme duly approved by the Central Government or any State Government.

Integrated Tax (Rate) Notifications - Link

Notification No. & Date of Issue
Subject
50/2017-Integrated Tax (Rate), dt. 14-11-2017
To amend notification No. 30/2017-Integrated Tax (Rate) dated 22.09.2017, so as to extend the benefit of IGST exemption, applicable in relation to supply of Skimmed milk powder, or concentrated milk for use in the production of milk distributed through dairy co-operatives to the companies that are registered under the Companies Act, 2013 also.
49/2017-Integrated Tax (Rate), dt. 14-11-2017
To amend notification No. 9/2017-IT(R) so as to extend exemption to admission to “protected monument” and to consolidate entry at Sl. No. 12A & 12B.
48/2017-Integrated Tax (Rate), dt. 14-11-2017
To amend notification No. 8/2017-IT(R) so as to specify rate @5% for standalone restaurants and @18% for other restaurants, reduce rate of job work on “handicraft goods” @ 5% and to substitute “Services provided” in item (vi) against Sl No. 3 in table.
47/2017-Integrated Tax (Rate), dt. 14-11-2017
To provide concessional GST rate of 5% on scientific and technical equipments supplied to public funded research institutions.
46/2017-Integrated Tax (Rate), dt. 14-11-2017
To amend notification no. 5/2017- Integrated tax(rate) dated 28.06.2017 to give effect to gst council decisions regarding restriction of ITC on certain fabrics.
45/2017-Integrated Tax (Rate), dt. 14-11-2017
To amend notification no. 4/2017- Integrated-tax(rate) dated  28.06.2017 to give effect to gst council decision regarding reverse charge  on raw cotton.
44/2017-Integrated Tax (Rate), dt. 14-11-2017
To amend notification no. 2/2017- Integrated tax(rate) dated 28.06.2017 to give effect to gst council decisions regarding gst exemptions
43/2017-Integrated Tax (Rate), dt. 14-11-2017
To amend notification no. 1/2017- Integrated tax(rate) dated 28.06.2017 to give effect to gst council decisions regarding gst rates.

Union Territory Tax (Rate) Notifications - Link

Notification No. & Date of Issue
Subject
47/2017-Union Territory tax(rate), dt. 14-11-2017
To amend notification No. 12/2017-UTT(R) so as to extend exemption to admission to “protected monument” and to consolidate entry at Sl. No. 11A & 11B.
46/2017-Union Territory tax(rate), dt. 14-11-2017
To amend notification No. 11/2017-UTT(R) so as to specify rate @2.5% for standalone restaurants and @9% for other restaurants, reduce rate of job work on “handicraft goods” @ 2.5% and to substitute “Services provided” in item (vi) against Sl No. 3 in table.
45/2017-Union Territory tax(rate), dt. 14-11-2017
To provide concessional GST rate of 2.5% on scientific and technical equipments supplied to public funded research institutions.
44/2017-Union Territory tax(rate), dt. 14-11-2017
To amend notification no. 5/2017- Union Territory tax(rate) dated 28.06.2017 to give effect to gst council decisions regarding restriction of  ITC on certain fabrics.
43/2017-Union Territory tax(rate), dt. 14-11-2017
seeks to amend notification no. 4/2017- Union Territory tax(rate) dated 28.06.2017 to give effect to gst council decision regarding reverse charge  on raw cotton.
42/2017-Union Territory tax(rate), dt. 14-11-2017
To amend notification no. 2/2017- Union Territory tax(rate) dated 28.06.2017 to give effect to gst council decisions regarding gst exemptions
41/2017-Union Territory tax(rate), dt. 14-11-2017
To amend notification no. 1/2017- Union Territory tax(rate) dated 28.06.2017 to give effect to gst council decisions regarding gst rates.



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