Revenue Department, AP issued a notification regarding the amendment in the older notification related to the state tax rate

Sep 18, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Revenue Department, AP on September 17, 2024, issued a notification regarding the amendment in the older notification no—G.O.Ms. No.258, dated June 29, 2017, related to the state tax rate.

The following has been stated namely: -

• In Schedule II - 6%, 

o after serial number 121, a new entry "121A - Cartons, boxes and cases of, - a. corrugated paper or paper board; or b. non-corrugated paper or paper board;" shall be inserted.

o after serial number 180, a new entry "180A - Milk cans made of iron, steel, or aluminium;" shall be inserted.

o after serial number 183, a new entry "183A - Solar cookers;" shall be inserted.

• In schedule III-9%, against serial number 224, after the word "equipment", the words and symbols "; other than Milk cans made of Iron, or Steel" shall be inserted.

• This shall come into force on July 15, 2024.

Kindly refer to the attached document for detailed notification.

[Notification no. - G.O.Ms.No.194]


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