Notification No. 2/2018 – Compensation Cess (Rate): Seeks to amend Notification No. 1/2017 -Compensation Cess (Rate) dated 28.06.2017 togive effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018

Important Keyword: F. No. 354/255/2018-TRU, Notification No. 2/2018 – Compensation Cess (Rate), Section 8(2) GST Act 2017, Notification No.1/2017-Compensation Cess (Rate).

[F. No. 354/255/2018-TRU]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

New Delhi, the 26^th July, 2018

Notification No. 2/2018 – Compensation Cess (Rate)

GST: [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY]

G.S.R.    (E).- 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 further 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, –

• after S. No. 41 and the entries relating thereto, the following serial numbers and the entries shall be inserted, namely:-

• after S. No. 42 A and the entries relating thereto, the following serial numbers and the entries shall be inserted, namely:-

2.       This notification shall come into force on the 27^th July, 2018.

(Gunjan Kumar Verma)
Under Secretary to the
Government of India

Note: The principal notification No.1/2017-Compensation Cess (Rate) dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 720(E), dated the 28th June, 2017 and last amended vide notification No. 1/2018-Compensation Cess (Rate) dated the 25^th January, 2018, published vide number G.S.R.93(E), dated the 25^th January, 2018.

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Web Stories: Notification No. 1/2018 – Union Territory Tax (Rate): Seeks to amend notification No. 11/2017- Union Territory Tax (Rate) so as to notify UTGST rates of various services as recommended by Goods and Services Tax Council in its 25th meeting held on 18.01.2018.

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