Clause 1
1. In exercise of the powers conferred by sub-section (1) and 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. 2/2017-Compensation Cess (Rate), dated the 28thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 709 (E), dated the 28thJune, 2017, namely:-
(a) after serial number 2 and the entries relating thereto, the following serial number and the entries shall be inserted namely:-
(1) (2) (3) (4) 65percent.of the rate of cess as applicable on supply of similar goods involving Leasing of motor vehicles purchased “2A Chapter 99 transfer of title in goods. and leased prior to 1st July 2017 Note:- Nothing contained in this entry shall apply on or after 1stday of July, 2020”.
The text above is a reproduction prepared for this register, not the certified Gazette wording. The Gazette in which the instrument was published remains the authentic record.
References marked in the words above
- sub-section (1) and sub-section (2) of section 8 of the Goods and Services Tax (Compensation to States) Act, 2017 / the register holds no page for the place cited, so nothing is marked for these words