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Date: 03-Jan-2024 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub section (1) of section 9 and sub section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Central Tax (Rate) Notification

  • Notification No. 01/2024-Central Tax (Rate) amends Notification No. 1/2017-Central Tax (Rate), dated June 28, 2017.
  • The amendment substitutes the entry in column (2) against S. No. 165 and 165A in Schedule I – 2.5% with “2711 12 00, 2711 13 00, 2711 19 10”.
  • This notification is effective from January 4, 2024.

Integrated Tax (Rate) Notification

  • Notification No. 01/2024-Integrated Tax (Rate) amends Notification No. 1/2017-Integrated Tax (Rate), dated June 28, 2017.
  • The amendment substitutes the entry in column (2) against S. No. 165 and 165A in Schedule I – 2.5% with “2711 12 00, 2711 13 00, 2711 19 10”.
  • This notification is effective from January 4, 2024.

Union Territory Tax (Rate) Notification

  • Notification No. 01/2024-Union Territory Tax (Rate) amends Notification No. 1/2017-Union Territory Tax (Rate), dated June 28, 2017.
  • The amendment substitutes the entry in column (2) against S. No. 165 and 165A in Schedule I – 2.5% with “2711 12 00, 2711 13 00, 2711 19 10”.
  • This notification is effective from January 4, 2024.

Key Changes

  • The Central Tax (Rate) notification amends the entry for specific goods under Schedule I – 2.5% by substituting the existing entry in column (2) against S. No. 165 and 165A with the entry '2711 12 00, 2711 13 00, 2711 19 10'.
  • The Integrated Tax (Rate) notification amends the entry for specific goods under Schedule I – 2.5% by substituting the existing entry in column (2) against S. No. 165 and 165A with the entry '2711 12 00, 2711 13 00, 2711 19 10'.
  • The Union Territory Tax (Rate) notification amends the entry for specific goods under Schedule I – 2.5% by substituting the existing entry in column (2) against S. No. 165 and 165A with the entry '2711 12 00, 2711 13 00, 2711 19 10'.

Impact Analysis

Businesses dealing with goods classified under Tariff items 2711 12 00, 2711 13 00, 2711 19 10

  • Action Items: Update GST systems and billing software to reflect the revised entries for these goods. Review existing contracts to ensure compliance with the new notification. Train staff on the changes.

Consumers

  • Action Items: No direct action required. However, consumers may observe changes in pricing based on how businesses adjust to the revised entries.

Tax Authorities

  • Action Items: Update internal systems and provide guidance to businesses on the correct application of the notification. Monitor GST returns to ensure compliance with the amended entries.

Key Entities Referenced

Central Government: The issuer of the notification, acting on the recommendations of the Council, under the powers conferred by the Central Goods and Services Tax Act, 2017 and Integrated Goods and Services Tax Act, 2017 and Union Territory Goods and Services Tax Act, 2017. Council: The recommending body for the amendments to the tax rates. Central Goods and Services Tax Act, 2017 (12 of 2017): The principal act governing central GST. Integrated Goods and Services Tax Act, 2017 (13 of 2017): The principal act governing integrated GST. Union Territory Goods and Services Tax Act, 2017 (14 of 2017): The principal act governing union territory GST. Notification No. 1/2017-Central Tax (Rate), dated June 28, 2017: The principal notification being amended. Notification No. 1/2017-Integrated Tax (Rate), dated June 28, 2017: The principal notification being amended. Notification No. 1/2017-Union Territory Tax (Rate), dated June 28, 2017: The principal notification being amended. Notification No. 17/2023 – Central Tax (Rate), dated the 19th October, 2023: The last amendment to the principal notification No.1/2017-Central Tax (Rate). Notification No. 20/2023 – Central Tax (Rate), dated the 19th October, 2023: The last amendment to the principal notification No.1/2017-Integrated Tax (Rate). Notification No. 17/2023 – Central Tax (Rate), dated the 19th October, 2023: The last amendment to the principal notification No.1/2017-Union Territory Tax (Rate).
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-03012024-251123 CG-DxLx-xEG-I0D3H0x1x2x0 24-251123 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 09] नई दिल्ली, बुधिार, िनिरी 3, 2024/पौष 13, 1945 No. 09] NEW DELHI, WEDNESDAY, JANUARY 3, 2024/PAUSHA 13, 1945 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अजधसचू ना नई दिल्ली, 3 िनिरी, 2024 सख्ं य ा 01/2024-केन्‍द रीय कर (िर) सा.का.जन. 10(अ).—केन्‍द रीय माल एि ंसेिाकर अजधजनयम, 2017 (2017 का 12), की धारा 9 की उप धारा (1) और धारा 15 की उप धारा (5) के तहत प्रित् त िजियों का प्रयोग करते हुए, केन्‍द र सरकार, पररषि की जसफाररिों के आधार पर, एतिद्वारा, भारत सरकार, जित् त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना सख्ं य ा 1/2017-केन्‍द रीय कर (िर), दिनांक 28 िून, 2017, जिस े सा.का.जन. 673(अ), दिनांक 28 िून, 2017, के तहत भारत के रािपत्र, असाधारण, के भाग II, खड 3, उप खंड (i) में प्रकाजित दकया गया था, में और आग ेभी जनम् नजलजखत संिोधन करती है, यथा: - उि अजधसूचना में, अनुसूची I में - 2.5%,- (i) क्रम संख्या 165 के सामने, कॉलम (2) में, प्रजिजि के स्ट्थान पर, प्रजिजि “2711 12 00, 2711 13 00, 2711 19 10” को प्रजतस्ट्थाजपत दकया िाएगा; (ii) क्रम संख्या 165क के सामन,े कॉलम (2) में, प्रजिजि के स्ट्थान पर, प्रजिजि “2711 12 00, 2711 13 00, 2711 19 10” को प्रजतस्ट्थाजपत दकया िाएगा; 2. यह अजधसूचना 4 िनिरी, 2024 को लाग ूहोगी। [फा. सं. 190354/223/2023-टी.आर.यू] जनजति कनााटक, अिर सजचि 99 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] नोट : प्रधान अजधसूचना संख्य ा 1/2017-केन्‍द रीय कर (िर), दिनांक 28 िून, 2017, को सा.का.जन. 673(अ), दिनांक 28 िून, 2017, के तहत भारत के रािपत्र, असाधारण भाग-II, खंड-3, उप-खंड(i), में प्रकाजित दकया गया था, और इसमें अंजतम बार अजधसूचना संख्य ा 17/2023-केन्‍द रीय कर (िर), दिनांक 19 अक्टूबर, 2023, जिसे सा.का.जन. 774(अ), दिनांक 19 अक्टूबर, 2023, के तहत भारत के रािपत्र, असाधारण भाग-II, खंड-3, उप-खंड(i) में प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था। MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 3rd January, 2024 No. 01/2024-Central Tax (Rate) G.S.R. 10(E). — In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 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, Ministry of Finance (Department of Revenue), No.1/2017-Central Tax (Rate), dated the 28thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28thJune, 2017, namely:- In the said notification, in Schedule I – 2.5%, - (i) against S. No. 165, in column (2), for the entry, the entry “2711 12 00, 2711 13 00, 2711 19 10” shall be substituted; (ii) against S. No. 165A, in column (2), for the entry, the entry “2711 12 00, 2711 13 00, 2711 19 10” shall be substituted; 2. This notification shall come into force with effect from the 4th day of January, 2024. [F. No. 190354/223/2023-TRU] NITISH KARNATAK, Under Secy. Note. - The principal notification No.1/2017-Central Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28th June, 2017 and was last amended by notification No. 17/2023 – Central Tax (Rate), dated the 19th October, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 774(E), dated the 19th October, 2023. अजधसचू ना नई दिल्ली, 3 िनिरी, 2024 सख्ं य ा 01/2024- एकीकृत कर (िर) सा.का.जन. 11(अ).—एकीकृत माल और सेिा कर अजधजनयम, 2017 (2017 का 13) की धारा 5 की उप-धारा (1) के तहत प्रित् त िजियों का प्रयोग करते हुए, केन्‍द र सरकार, पररषि की जसफाररिों के आधार पर, एतिद्वारा, भारत सरकार, जित् त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना संख्य ा 1/2017- एकीकृत कर (िर), दिनांक 28 िून, 2017, जिसे सा.का.जन. 666(अ), दिनांक 28 िून, 2017, के तहत भारत के रािपत्र, असाधारण, के भाग II, खड 3, उप खंड (i) में प्रकाजित दकया गया था, में और आग े भी जनम् नजलजखत संिोधन करती है, यथा: - उि अजधसूचना में, अनुसूची I में - 2.5%,- (i) क्रम संख्या 165 के सामने, कॉलम (2) में, प्रजिजि के स्ट्थान पर, प्रजिजि “2711 12 00, 2711 13 00, 2711 19 10” को प्रजतस्ट्थाजपत दकया िाएगा;[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 (ii) क्रम संख्या 165क के सामन,े कॉलम (2) में, प्रजिजि के स्ट्थान पर, प्रजिजि “2711 12 00, 2711 13 00, 2711 19 10” को प्रजतस्ट्थाजपत दकया िाएगा; 2. यह अजधसूचना 4 िनिरी, 2024 को लाग ूहोगी। [फा. सं. 190354/223/2023-टी.आर.यू] जनजति कनााटक, अिर सजचि नोट : प्रधान अजधसूचना संख्य ा 1/2017-केन्‍द रीय कर (िर), दिनांक 28 िून, 2017, को सा.का.जन. 673(अ), दिनांक 28 िून, 2017, के तहत भारत के रािपत्र, असाधारण भाग-II, खंड-3, उप-खंड(i), में प्रकाजित दकया गया था, और इसमें अंजतम बार अजधसूचना संख्य ा 20/2023-केन्‍द रीय कर (िर), दिनांक 19 अक्टूबर, 2023, जिसे सा.का.जन. 775(अ), दिनांक 19 अक्टूबर, 2023, के तहत भारत के रािपत्र, असाधारण भाग-II, खंड-3, उप-खंड(i) में प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था। NOTIFICATION New Delhi, the 3rd January, 2024 No. 01/2024-Integrated Tax (Rate) G.S.R. 11(E). — In exercise of the powers conferred by sub-section (1) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 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, Ministry of Finance (Department of Revenue), No.1/2017-Integrated Tax (Rate), dated the 28thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 666(E), dated the 28thJune, 2017, namely:- In the said notification, in Schedule I – 2.5%, - (i) against S. No. 165, in column (2), for the entry, the entry “2711 12 00, 2711 13 00, 2711 19 10” shall be substituted; (ii) against S. No. 165A, in column (2), for the entry, the entry “2711 12 00, 2711 13 00, 2711 19 10” shall be substituted; 2. This notification shall come into force with effect from the 4th day of January, 2024. [F. No. 190354/223/2023-TRU] NITISH KARNATAK, Under Secy. Note. - The principal notification No.1/2017-Central Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28th June, 2017 and was last amended by notification No. 20/2023 – Central Tax (Rate), dated the 19th October, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 775(E), dated the 19th October, 2023.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] अजधसचू ना नई दिल्ली, 3 िनिरी, 2024 सख्ं य ा 01/2024- सघं राज्य कर (िर) सा.का.जन. 12(अ).— संघ राज्य माल एि ं सेिाकर अजधजनयम, 2017 (2017 का 14) की धारा 7 की उप-धारा (1) के तहत प्रित् त िजियों का प्रयोग करते हुए, केन्‍द र सरकार, पररषि की जसफाररिों के आधार पर, एतिद्वारा, भारत सरकार, जित् त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना संख्य ा 1/2017- संघ राज्य कर (िर), दिनांक 28 िून, 2017, जिसे सा.का.जन. 710(अ), दिनांक 28 िून, 2017, के तहत भारत के रािपत्र, असाधारण, के भाग ।।, खड 3, उप खंड (i) में प्रकाजित दकया गया था, में और आग े भी जनम् नजलजखत संिोधन करती है, यथा: - उि अजधसूचना में, अनुसूची I में - 2.5%,- (i) क्रम संख्या 165 के सामने, कॉलम (2) में, प्रजिजि के स्ट्थान पर, प्रजिजि “2711 12 00, 2711 13 00, 2711 19 10” को प्रजतस्ट्थाजपत दकया िाएगा; (ii) क्रम संख्या 165क के सामने, कॉलम (2) में, प्रजिजि के स्ट्थान पर, प्रजिजि “2711 12 00, 2711 13 00, 2711 19 10” को प्रजतस्ट्थाजपत दकया िाएगा; 2. यह अजधसूचना 4 िनिरी, 2024 को लाग ूहोगी। [फा. सं. 190354/223/2023-टी.आर.यू] जनजति कनााटक, अिर सजचि नोट : प्रधान अजधसूचना संख्य ा 1/2017-केन्‍द रीय कर (िर), दिनांक 28 िून, 2017, को सा.का.जन. 673(अ), दिनांक 28 िून, 2017, के तहत भारत के रािपत्र, असाधारण भाग-II, खंड-3, उप-खंड(i), में प्रकाजित दकया गया था, और इसमें अंजतम बार अजधसूचना संख्य ा 17/2023-केन्‍द रीय कर (िर), दिनांक 19 अक्टूबर, 2023, जिसे सा.का.जन. 776(अ), दिनांक 19 अक्टूबर, 2023, के तहत भारत के रािपत्र, असाधारण भाग-II, खंड-3, उप-खंड(i) में प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था। NOTIFICATION New Delhi, the 3rd January, 2024 No. 01/2024-Union Territory Tax (Rate) G.S.R. 12(E). — In exercise of the powers conferred by sub-section (1) of section 7 of the Union territory Goods and Services Tax Act, 2017 (14 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, Ministry of Finance (Department of Revenue), No.1/2017- Union Territory Tax (Rate), dated the 28thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 710(E), dated the 28thJune, 2017, namely:- In the said notification, in Schedule I – 2.5%, - (i) against S. No. 165, in column (2), for the entry, the entry “2711 12 00, 2711 13 00, 2711 19 10” shall be substituted; (ii) against S. No. 165A, in column (2), for the entry, the entry “2711 12 00, 2711 13 00, 2711 19 10” shall be substituted; 2. This notification shall come into force with effect from the 4th day of January, 2024. [F. No. 190354/223/2023-TRU] NITISH KARNATAK, Under Secy. Note. - The principal notification No.1/2017-Central Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28th June, 2017 and was last amended by notification No. 17/2023 – Central Tax (Rate), dated the 19th October, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 776(E), dated the 19th October, 2023. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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