https://www.taxtmi.com/highlights?id=79799 Sub-section (1) in Section 5 amended to not levy integrated tax on Extra Neutral Alcohol used for manufacturing alcoholic liquor for human consumption. Section 6A inserted to empower regularizing non-levy or short levy of integrated tax due to general practice. Sub-section (4) in Section 16 amended to provide for notifying zero-rated supply persons/goods/services for integrated tax refund u/s 54 of CGST Act; Sub-section (5) inserted to disallow refund of unutilized input tax credit or integrated tax paid on zero-rated goods supply subjected to export duty. Section 20 amended to reduce maximum pre-deposit for appeals before appellate authority from Rs. 50 crore to Rs. 40 crore, and before Appellate Tribunal from Rs. 100 crore to Rs. 40 crore of integrated tax. en-us Sat, 27 Jul 2024 15:32:53 +0530 Sat, 27 Jul 2024 15:32:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79799 Sub-section (1) in Section 5 amended to not levy integrated tax on Extra Neutral Alcohol used for manufacturing alcoholic liquor for human consumption. Section 6A inserted to empower regularizing non-levy or short levy of integrated tax due to general practice. Sub-section (4) in Section 16 amended to provide for notifying zero-rated supply persons/goods/services for integrated tax refund u/s 54 of CGST Act; Sub-section (5) inserted to disallow refund of unutilized input tax credit or integrated tax paid on zero-rated goods supply subjected to export duty. Section 20 amended to reduce maximum pre-deposit for appeals before appellate authority from Rs. 50 crore to Rs. 40 crore, and before Appellate Tribunal from Rs. 100 crore to Rs. 40 crore of integrated tax. Highlights Bill Sat, 27 Jul 2024 15:32:53 +0530 https://www.taxtmi.com/highlights?id=79799