………………………….

Amendment in Notification Pertaining to Exempted Inter-State Supplies of Goods

Act: Central Goods & Service Tax Act, 2017

Notification No. 03/2024-GST – Integrated Tax (Rate)

Notification No. 03/2024-GST – Union Territory Tax (Rate)

Notification No. 03/2024-GST – Central Tax (Rate)

Date: 12th July 2024

Central Board of Indirect Taxes and Customs (CBIC) has amended following earlier notifications pertaining to exemption of inter-state supplies of goods, the description of which is prescribed in the schedule appended to the earlier notification:

Notification 1: No. 2/2017 – Integrated Tax (Rate), dated the 28th June, 2017

Notification 2: No. 2/2017 – Union Territory Tax (Rate), dated the 28th June, 2017

Notification 3: No. 2/2017 – Central Tax (Rate), dated the 28th June, 2017

In the earlier notification, a proviso has been inserted, specifying that supply of agricultural farm produce in package of commodities containing quantity of more than 25 Kg or 25 litre shall not be considered as supply made within the scope of pre-packaged and labelled goods.

The said notification shall come into force w.e.f. 15th July 2024.

Link to the circulars:

  1. Notification No. 03/2024-GST – Integrated Tax (Rate): https://taxinformation.cbic.gov.in/view-pdf/1010109/ENG/Notifications
  2. Notification No. 03/2024-GST – Union Territory Tax (Rate): https://taxinformation.cbic.gov.in/view-pdf/1010111/ENG/Notifications
  3. Notification No. 03/2024-GST – Central Tax (Rate): https://taxinformation.cbic.gov.in/view-pdf/1010107/ENG/Notifications

Disclaimer: The information contained in this Article is intended solely for personal non-commercial use of the user who accepts full responsibility of its use. The information in the article is general in nature and should not be considered to be legal, tax, accounting, consulting or any other professional advice. We make no representation or warranty of any kind, express or implied regarding the accuracy, adequacy, reliability or completeness of any information on our page/article. 

To stay updated Subscribe to our newsletter today

Explore other Legal updates on the 1-Comply and follow us on LinkedIn to stay updated 

Post Views: 24

Schedule A Demo