Amendment to Central Tax Rate Notification No. 1/2017 · 17/2023-Central Tax (Rate)
CBIC / GST notification 17/2023-Central Tax (Rate) · 19 Oct 2023
Official title
17/2023-Central Tax (Rate) : Seeks to amend Notification No 01/2017- Central Tax (Rate) dated 28.06.2017.
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Government amends Notification No. 1/2017-Central Tax (Rate) to change the goods and tax rates under the Central Goods and Services Tax Act, 2017. The update adds molasses and specific millet flour preparations to the 2.5 percent tax schedule. It updates entries in the 9 percent tax schedule for goods of heading 1905 and adds spirits for industrial use. The update also removes an entry from the 14 percent tax schedule. The changes take effect on 20 October 2023.
Key dates
- Effective from
- 20 Oct 2023
- Effective date
- 20 Oct 2023
Thresholds
Document text
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION No. 17/2023-Central Tax (Rate)
New Delhi, the 19ᵗʰ October, 2023
G.S.R. ......(E).- In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No.1/2017-Central Tax (Rate), dated the 28ᵗʰJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28ᵗʰJune, 2017, namely:-
In the said notification, -
- (A) in Schedule I – 2.5%, -
- (i) after S. No. 92 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
| (1) | (2) | (3) |
|---|---|---|
| “92A. | 1703 | Molasses”; |
- (ii) after S. No. 96 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
| (1) | (2) | (3) |
|---|---|---|
| “96A. | 1901 | Food preparation of millet flour, in powder form, containing at least 70% millets by weight, pre-packaged and labelled”; |
- (B) 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 labelled ” shall be substituted;
- (ii) after S. No. 25 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
| (1) | (2) | (3) |
|---|---|---|
| “25A. | 2207 10 12 | Spirits for industrial use”; |
- (C) in Schedule IV – 14%, S. No. 1 and the entries relating thereto shall be omitted.
2. This notification shall come into force with effect from the 20ᵗʰ day of October, 2023.
[F. No. CBIC-190354/195/2023-TO(TRU-II)-CBEC]
Vikram Wanere
Under Secretary
Note: - The principal notification No. 1/2017-Central Tax (Rate), dated the 28ᵗʰ June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E)., dated the 28ᵗʰ June, 2017 and was last amended by notification No. 11/2023– Central Tax (Rate), dated the 29ᵗʰ September, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 711(E), dated the 29ᵗʰ September, 2023.
Source details
- Source
- Central Board of Indirect Taxes and Customs / GST
- Type
- notification
- Published by source
- 19 Oct 2023
- Document number
- 17/2023-Central Tax (Rate)
- Issuing division
- Department of Revenue
- Effective date
- 20 Oct 2023
- Coverage area
- indirect-tax