| Date: |
20-07-2017
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| Notification No: |
Notification No. 4/2017- Compensation Cess (Rate)
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| Issuing Authority: |
GST
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| Type: |
Compensation Cess (Rate)
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| File No: |
F.No.354/136/2017-TRU |
| Subject: |
Seeks to exempt 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
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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 04/2017- Compensation Cess (Rate)
New Delhi, the 20th July, 2017
G.S.R. (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 subsection (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.
(Ruchi Bisht)
Under Secretary to the Government of India
[F.No.354/136/2017-TRU]
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