Scope of Amendment:
Notification No. 1/2017 is revised, affecting tax rates under the Union Territory Goods and Services Tax Act.
Schedule I Modification:
Entry 259A now pertains to "9503," reflecting changes in tax applicability at 2.5%.
Inclusion of Diethylcarbamazine:
Newly added in List 1 as serial number 231, marking the introduction of Diethylcarbamazine.
Effective Date:
The notification takes effect from June 2, 2021, ensuring timely implementation.
Council Recommendations:
Amendments enacted based on recommendations from the Council, aligning with policy objectives.
Administrative Details:
Issued by the Ministry of Finance, Department of Revenue, under official notification.
Publication Reference:
Original notification published in the Gazette of India, with subsequent amendments noted for clarity.
(Rajeev Ranjan)
Under Secretary to the Government of India