Government Notification: Amendments to Compensation Cess Rates

The Central Government, acting under the GST (Compensation to States) Act, 2017, introduces amendments to the Compensation Cess rates. Notable changes include the inclusion of "Caffeinated Beverages" under S. No. 4A, attracting a 12% rate.

Modifications to S. No. 42 and 46 specify alterations in the taxation of certain motor vehicles, particularly those with specific engine capacities and lengths. The amendments also entail adjustments in the tariff entries for motor vehicles, ensuring clarity and precision.

Effective from October 1, 2019, the changes aim to streamline the taxation framework and enhance compliance. Ruchi Bisht, Under Secretary to the Government of India, authorizes the notification, emphasizing adherence to previous directives for consistency.