Appropriate tax substitution: exemption language for ethanol and bio diesel updated to reference GST taxes and definitions. The notification amends exemption entries for ethanol and bio-diesel by substituting references to duties of excise with references to appropriate central tax, State tax, Union territory tax or integrated tax. It re-numbers the existing Explanation as Explanation 1 and adds Explanation 2, defining those appropriate taxes as the central tax, State tax, Union territory tax and integrated tax leviable under the Goods and Services Tax enactments applicable to the Centre, States and Union Territories.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Appropriate tax substitution: exemption language for ethanol and bio diesel updated to reference GST taxes and definitions.
The notification amends exemption entries for ethanol and bio-diesel by substituting references to duties of excise with references to appropriate central tax, State tax, Union territory tax or integrated tax. It re-numbers the existing Explanation as Explanation 1 and adds Explanation 2, defining those appropriate taxes as the central tax, State tax, Union territory tax and integrated tax leviable under the Goods and Services Tax enactments applicable to the Centre, States and Union Territories.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
