This notification, No. 04/2017-Compensation Cess Rate, issued by the Ministry of Finance, Department of Revenue, on July 20, 2017, exempts intra-state supplies of second-hand goods from the Goods and Services Tax (GST) Compensation Cess. The exemption applies to registered persons dealing in the buying and selling of second-hand goods who pay the GST compensation cess on the value of outward supply of such second-hand goods as determined under sub-rule (5) of rule 32 of the Central Goods and Services Tax Rules, 2017. This exemption is applicable when the supply is received from a supplier who is not registered. The notification is issued under the authority of subsection (1) of section 11 of the Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017), read with subsection (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), and on the recommendations of the Council, deeming it necessary in the public interest. The file number for this notification is F. No. 354/136/2017-TRU. Ruchi Bisht, Under Secretary, is the issuing authority. The G.S.R. number is 938(E).
Key Entities Referenced
Goods and Services Tax Compensation to States Act, 2017: A law enacted in 2017 concerning compensation for goods and services tax to states.
Central Goods and Services Tax Act, 2017: A law enacted in 2017 related to central goods and services tax.
Central Goods and Services Tax Rules, 2017: Rules pertaining to the Central Goods and Services Tax Act.
Goods and Services Tax Compensation Cess: A cess levied on certain goods and services as compensation.
Council: Refers to the Goods and Services Tax Council.
Ministry of Finance: The government ministry responsible for financial matters.
Department of Revenue: A department within the Ministry of Finance.
New Delhi: The location where the notification was issued.
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PART II—Section 3—Sub-section (i)
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िवत् त मं(cid:7074)ालय
(राजस्व िवभाग)
अिधसचू ना
नई िदल्ली, 20 जुलाई, 2017
सं. 04/2017-(cid:7079)ितपूितर् उपकर (दर)
सा.का.िन. 938(अ).—केन् (cid:7076)ीय माल और सेवा कर अिधिनयम, 2017 (2017 का 12) की धारा 11 की
उपधारा (1) के साथ पिठत माल और सेवाकर (राज्य(cid:7298) को (cid:7079)ितपूितर्) अिधिनयम, 2017 (2017 का 15) (cid:7367)ारा
(cid:7079)दत् त शि(cid:7334)य(cid:7298) का (cid:7079)योग करते हुए, केन् (cid:7076) सरकार, इस बात से संतुष् ट होते हुए िक लोक िहत म(cid:7286) ऐसा करना आवश् यक
ह,ै पिरषद की िसफािरश(cid:7298) पर, एत(cid:7375)ारा केन् (cid:7076)ीय माल और सेवा कर अिधिनयम, की धारा 9 की उपधारा (4) के साथ
पिठत माल और सेवाकर (राज् य(cid:7298) को (cid:7079)ितपूितर्) अिधिनयम, की धारा 8 के अंतगर्त उन पर उ(cid:7365)हणीय सम् पणू र् माल
और सेवाकर (cid:7079)ितपूितर् उपकर से, िकसी आपूितर्कतार्, जो पंजीकृत नह(cid:7277) ह,ै से केन् (cid:7076)ीय माल और सेवा कर िनयमावली,
2017 के िनयम 32 के उप-िनयम (5) के अंतगर्त यथा िनधार्िरत ऐसे सेकेण् ड हड(cid:7289) माल की बा(cid:7405) आपूितर् के मूल् य पर
सेकेण् ड हड(cid:7289) माल की खरीद और िब(cid:7059)ी म (cid:7286) सौदा करने वाले और माल और सेवा कर (cid:7079)ितपूितर् उपकर अदा करने वाले
िकसी पंजीकृत व् यि(cid:7334) (cid:7367)ारा (cid:7079)ाप् त िकए गए सेकेण्ड हड(cid:7289) माल की राज् यान्त गर्त आपूितर् को छूट (cid:7079)दान करती ह ै।
[फा. सं. 354/136/2017-टीआरयू]
रूिच िबष्ट , अवर सिचव
4426 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 20th July, 2017
No. 04/2017-Compensation Cess (Rate)
G.S.R. 938(E).—In exercise of the powers conferred by sub-section (1) of section 11 of the Goods
and Services Tax (Compensation to States) Act, 2017 ( 15 of 2017), read with sub-section (1) of section 11 of
the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on being satisfied that it
is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts intra-State
supplies of second hand goods received by a registered person, dealing in buying and selling of second hand
goods and who pays the goods and services tax compensation cess on the value of outward supply of such
second hand goods as determined under sub-rule (5) of rule 32 of the Central Goods and Services Tax Rules,
2017, from any supplier, who is not registered, from the whole of the goods and services tax compensation
cess leviable thereon under section 8 of the Goods and Services Tax (Compensation to States) Act, read with
sub-section (4) of Section 9 of the Central Goods and Services Tax Act.
[F. No. 354/136/2017-TRU]
RUCHI BISHT, Under Secy.
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.