The Government of Maharashtra on October 25, 2023, amended an older notification No. MGST-1017/C.R.104/ Taxation-1 [Notification No.1/2017-State Tax (Rate)], dated June 29, 2017, related to the rate of the state tax on intra-State supplies of goods.
The amendment is as follows: -
•In the said notification, — in Schedule IV—
(a) after S. No. 227 and the entries related thereto, the following S. No. and entries shall be inserted, namely: — 227A which talks about the Specified actionable claim.
(b) S. No. 228 and 229 and the entries relating thereto shall be omitted.
•In the Explanation, after clause (iv), the following clause shall be inserted, namely: — “(v) The words and expressions used and not defined in this notification, but defined in the Maharashtra State Goods and Service Tax Act, 2017, the Integrated Goods and Services Tax Act, 2017, and the Union Territory Goods and Services Tax Act, 2017, shall have the same meanings as assigned to them in those Acts.”
This shall come into force from October 01, 2023.
The detailed amendment is attached in the document below.
[Notification No. 11 /2023—State Tax (Rate)]
