The Ministry of Finance (MoF) on July 12, 2024, issued an amendment to an older notification no. 02/2017-Central Tax (Rate), dated June 28, 2017, related to exemption of intra-state supplies of goods.
The following amendment has been stated:
• After the Schedule, which states “Description of Goods”, in the Explanation, in clause (ii), after the entries relating thereto, the following proviso shall be inserted, namely:
“Provided that notwithstanding anything contained in the Legal Metrology Act, 2009 (1 of 2010) and the rules made thereunder, as amended from time to time, the supply of agricultural farm produce in package(s) of commodities containing a quantity of more than 25 kilogram or 25 litres shall not be considered as a supply made within the scope of expression ‘pre-packaged and labelled’.”.
This notification will come into force from July 15, 2024.
[Notification No 03/2024-Central Tax (Rate)]
