MoF issued an amendment to an older notification related to exemption of the excisable goods

Jul 18, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Finance & Taxation ComplianceThe Ministry of Finance (MoF) on July 12, 2024, issued an amendment to an older notification no. 01/2017-Central Tax (Rate), dated June 28, 2017, related to the exemption of the excisable goods.

The following has been stated:

• Against serial number 224, after the word "equipment", the words and symbols "; Other than Milk cans made of Iron, or Steel" shall be inserted;

• Against serial number 235, in column (3), at the end, for the words, "and wood burning stoves of ii-on or steel", the words, " wood burning stoves of iron or steel, and solar cookers" shall be substituted;

• Against serial number 273, after the words "boxes, etc.", the words and symbols "; other than Milk cans made of Aluminium" shall be inserted;

This notification will come into force from July 15, 2024.

[Notification No 02/2024-Central Tax (Rate)]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT