GST rate amendment updates Schedule entries altering tax classifications and applicability, effective from the notified commencement date. The State Government amended the Telangana GST rate notification by substituting entries in Schedule I (2.5%), Schedule II (6%) and Schedule III (9%) to specify that ethyl alcohol supplied to Oil Marketing Companies or petroleum refineries for blending with motor spirit is treated under the lower-rate entry, to redefine bran and cereal residues with exclusions, to clarify fruit pulp or fruit juice based drinks' exclusion of certain carbonated beverages, to specify mathematical and geometry boxes, and to place denatured ethyl alcohol in the higher-rate schedule subject to the stated exclusion, effective from the notified commencement date.
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GST rate amendment updates Schedule entries altering tax classifications and applicability, effective from the notified commencement date.
The State Government amended the Telangana GST rate notification by substituting entries in Schedule I (2.5%), Schedule II (6%) and Schedule III (9%) to specify that ethyl alcohol supplied to Oil Marketing Companies or petroleum refineries for blending with motor spirit is treated under the lower-rate entry, to redefine bran and cereal residues with exclusions, to clarify fruit pulp or fruit juice based drinks' exclusion of certain carbonated beverages, to specify mathematical and geometry boxes, and to place denatured ethyl alcohol in the higher-rate schedule subject to the stated exclusion, effective from the notified commencement date.
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