Tripura Govt. amends Notification on Rate of the tax of certain goods

Jul 26, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Finance Department, Tripura on July 16, 2022 has issued Notification to Amend Notification No. 1/2017-State Tax (Rate) dated June 29, 2017 which stated “Rate of the tax of certain goods” under the Tripura Goods and Services Tax Act, 2017. This shall come into force on July 18, 2022.

The following amendments has been made namely: -

• In Schedule I - 2.5% there are amendments made against certain entries in relation to pre-packaged and labelled and new entries 9A, 91A, 98A,181B, and 255A has been inserted.

• In Schedule II – 6% New entries 85B, 85C, 85D, 85E, and 85F in relation to leather has been inserted.

• In Schedule III – 9% There has been amendments in notification in relation to Tar and paint. Entries relating to Cutlery has been inserted.

• In Schedule VI – 0.125% There has been amendments to entries relating to precious stones.

• Schedule VII – 0.75% has been inserted 

Refer to the given Notification for further amendments on the same.

 

[Notification No. 06/2022-State Tax (Rate)]

 


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