Clause 1

1. In exercise of the powers conferred by sub-section (2) of section 8 of the Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 1/2017-Compensation Cess (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 720 (E), dated the 28th June, 2017, namely

In the said notification, in the SCHEDULE,-

(i) against S. No. 10, for the entry in column (4), the entry “5% + Rs. 2076 per thousand” shall be substituted;

(ii) against S. No. 11, for the entry in column (4), the entry “5%+ Rs. 3668 per thousand ” shall be substituted;

(iii) against S. No. 12, for the entry in column (4), the entry “5% + Rs. 2076 per thousand” shall be substituted.

(iv) against S. No. 13, for the entry in column (4), the entry “5% + Rs. 2747 per thousand” shall be substituted;

(v) against S. No. 14, for the entry in column (4), the entry “5% + Rs. 3668 per thousand” shall be substituted;

(vi) against S. No. 15, for the entry in column (4), the entry “36% + Rs. 4170 per thousand” shall be substituted.

2. This notification shall come into force with effect from the 18th day of July, 2017.