Seeks to amend notification No. 30/2017-Integrated Tax (Rate) dated 22.09.2017, so as to extend the benefit of IGST exemption, applicable in relation to supply of Skimmed milk powder, or concentrated milk for use in the production of milk distributed through dairy co-operatives to the companies that are registered under the Companies Act, 2013 also. - 50/2017 - Integrated GST (IGST) Rate
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IGST exemption extended to companies registered under Companies Act to permit exempt supply of specified milk products for distribution. Amends Notification No. 30/2017-Integrated Tax (Rate) by substituting the table qualifier 'for distribution through dairy cooperatives' with wording that also covers companies registered under the Companies Act, 2013, thereby extending the IGST exemption for skimmed milk powder and concentrated milk to such companies while leaving product description and other rate conditions intact.
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Provisions expressly mentioned in the judgment/order text.
IGST exemption extended to companies registered under Companies Act to permit exempt supply of specified milk products for distribution.
Amends Notification No. 30/2017-Integrated Tax (Rate) by substituting the table qualifier "for distribution through dairy cooperatives" with wording that also covers companies registered under the Companies Act, 2013, thereby extending the IGST exemption for skimmed milk powder and concentrated milk to such companies while leaving product description and other rate conditions intact.
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