The CBIC has issued Notification No. 01/2024-Central Tax (Rate) dated January 03, 2024, 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), to amend the Notification No.1/2017-Central Tax (Rate), dated the 28th June, 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;
This notification shall come into force with effect from the 4th day of January, 2024.
Similar notifications have been notified under the Integrated Goods and Services Tax Act, 2017 - Notification No. 01/2024-Integrated Tax (Rate)dated January 03, 2024 and the Union Territory Goods and Services Tax Act, 2017- Notification No. 01/2024-Union Territory Tax (Rate) dated January 03, 2024.
