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<h1>Amendment to Section 5 of IGST Act: Exempting Extra Neutral Alcohol for Liquor Production from Tax Levy</h1> Clause 147 of the Finance (No. 2) Bill, 2024, proposes an amendment to section 5 of the Integrated Goods and Services Tax Act, 2017. The amendment seeks to modify sub-section (1) by including the words 'and undenatured extra neutral alcohol or rectified spirit used for manufacture of alcoholic liquor, for human consumption.' This change aims to exempt extra neutral alcohol or rectified spirit used in the production of alcoholic liquor for human consumption from the integrated tax levy.