Amendment to Notification 1/2017 - Central Tax (Rate)
Issuing Authority:
Central Government under CGST Act, 2017.
Date of Amendment:
Effective from 1st January, 2020.
Affected Items:
Omission of serial numbers 80AA and 171A from Schedule II - 6%.
New Additions:
In Schedule III - 9%, addition of woven and non-woven bags/sacks of polyethylene or polypropylene strips for packing goods, and flexible intermediate bulk containers.
Purpose:
Streamlining tax rates on specified goods.
Issued By:
Gunjan Kumar Verma, Under Secretary to the Government of India.
Historical Context:
Notification last amended on 30th September, 2019.