Notify Rates of goods and services tax compensation cess under Goods and Services Tax (Compensation to States) Act, 2017 - Seeks to amend notification no. 1/2017- Compensation Cess (Rate), dated 28.06.2017 - 01/2023 - Compensation CESS Rate

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION NO. 1/ 2023-Compensation Cess (Rate) New Delhi, the 28th February, 2023 G.S.R. 153(E). In exercise of the powers conferred by sub-section (2) of section 8 of the Goods and Services Tax (Compensation to States) Act, 2017 (15 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-Compensation Cess (Rate), dated the 28th June, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 720(E)., dated the 28 th June, 2017 , namely:- In the said notification, in the Schedule, against Sl. No. 41A, in column (3), for the entry, the following entry shall be substituted, namely: - Coal rejects supplied to a coal washery or by a coal washery, arising out of coal on which compensation cess has been paid and input tax credit thereof has not been availed by any person . 2. This notification shall come into force on the 1st day of March, 2023. [F. No. CBIC-190354/21/2023-TO(TRU-II)-CBEC] RAJEEV RANJAN Under Secy. Note: -The principal notification No.1/2017-Compensation Cess (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. 720(E), dated the 28 th June, 2017 and was last amended vide notification No. 2/2021-Compensation Cess (Rate), dated the 28 th December, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.901(E), dated the 28th December, 2021.