The Central Board of Indirect Taxes and Customs (CBIC) on October 19, 2023, issued a notification regarding the amendment to Notification No. 1/2017-Central Tax (Rate) dated June 28, 2017, which specifies the rate of central tax levied on intra-state supplies of goods
This notification shall come into force on October 20, 2023
The following has been amended namely: -
• In Schedule I – 2.5%, -
(i) After S. No. 92 which states” Palmyra sugar” and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
“92A, 1703, Molasses”
• In Schedule III – 9%, -
(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 labeled” shall be substituted.
[Notification No. 17/2023-Central Tax (Rate)]
