GST rate adjustment modifies rule 7 wording and clarifies that the levy for certain entries is based on taxable goods turnover. Amendment to the Madhya Pradesh GST Rules, 2017 substitutes wording in rule 7, column (3): Sl. No. 1 replaces the prior one percent reference with a lower half percent expression; Sl. No. 3 replaces its prior half percent wording with a formulation expressly tied to the turnover of taxable supply of goods. The notification declares the amendment effective from 1 January 2018 pursuant to the State Government's statutory powers.
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Provisions expressly mentioned in the judgment/order text.
GST rate adjustment modifies rule 7 wording and clarifies that the levy for certain entries is based on taxable goods turnover.
Amendment to the Madhya Pradesh GST Rules, 2017 substitutes wording in rule 7, column (3): Sl. No. 1 replaces the prior one percent reference with a lower half percent expression; Sl. No. 3 replaces its prior half percent wording with a formulation expressly tied to the turnover of taxable supply of goods. The notification declares the amendment effective from 1 January 2018 pursuant to the State Government's statutory powers.
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