<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Rates of GST on compensation cess under Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017) notified - notification No. 1/2017 amended - Decisions of 50th GST Council implemented.</title>
    <link>https://www.taxtmi.com/notifications?id=140469</link>
    <description>The notification amends the compensation cess schedule under the Compensation to States Act, 2017 by revising entries and inserting new sub-entries that distinguish goods by brand name and by whether they have a &quot;declared retail sale price,&quot; prescribes specific ad valorem percentage rates and unit-based cess for numerous tobacco and pan-masala commodity codes, substitutes a detailed description for certain utility vehicles, and inserts an Explanation defining &quot;declared retail sale price&quot; as the retail price required to be declared under the Legal Metrology Act; effective 27th July, 2023.</description>
    <language>en-us</language>
    <pubDate>Wed, 26 Jul 2023 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 28 Jul 2023 11:57:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=720687" rel="self" type="application/rss+xml"/>
    <item>
      <title>Rates of GST on compensation cess under Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017) notified - notification No. 1/2017 amended - Decisions of 50th GST Council implemented.</title>
      <link>https://www.taxtmi.com/notifications?id=140469</link>
      <description>The notification amends the compensation cess schedule under the Compensation to States Act, 2017 by revising entries and inserting new sub-entries that distinguish goods by brand name and by whether they have a &quot;declared retail sale price,&quot; prescribes specific ad valorem percentage rates and unit-based cess for numerous tobacco and pan-masala commodity codes, substitutes a detailed description for certain utility vehicles, and inserts an Explanation defining &quot;declared retail sale price&quot; as the retail price required to be declared under the Legal Metrology Act; effective 27th July, 2023.</description>
      <category>Notifications</category>
      <law>GST</law>
      <pubDate>Wed, 26 Jul 2023 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=140469</guid>
    </item>
  </channel>
</rss>