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Amendment to Notification No. 1/2017-State Tax (Rate) dated 29.06.2017 to change MGST rates on goods.

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..... s of the Council, hereby makes the following further amendments in the Government notification of the Finance Department, No. MGST-1017/C.R. 104/Taxation-1 [Notification No.-1/2017- State Tax (Rate)], dated the 29th June, 2017, published in the Maharashtra Government Gazette, Extra-ordinary, Part IV-B, No. 183, dated the 29th June 2017, namely :- In the said notification,- (A) in the opening paragraph, after the words, brackets and figures sub-section (1) of section 9 , the words, brackets and figures and sub-section (5) of section 15 , shall be inserted; (B) in Schedule I - 2.5%, (i) S. Nos. 23, 24 and the entries relating thereto, shall be omitted; (ii) after S. No. 123 and the entries relating thereto, the following se .....

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..... cation No. 11/2017-State Tax (Rate), dated 29th June, 2017, the value of supply of goods for the purposes of this entry shall be deemed as seventy per cent of the gross consideration charged for all such supplies. The remaining thirty per cent of the gross consideration charged shall be deemed as value of the said taxable service ; (viii) S. No. 243A shall be re-numbered as S. No. 243B, and before S. No. 243B as so re-numbered, the following serial number and entries shall be inserted, namely :- 243A 8714 20 Parts and accessories of carriage for disabled persons ; (C) in Schedule II - 6%, (i) after S. No. 101 and the entries relating thereto, the following serial nu .....

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..... flaps, of rubber ; (ii) S. Nos. 142, 143, 144 and the entries relating thereto, shall be omitted; (iii) in S. No. 369A, for the entry in column (3), the entry Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, including torque converters; flywheels and pulleys, including pulley blocks; clutches and shaft couplings (including universal joints) shall be substituted; (iv) after S. No. 376AA and the entries relating thereto, the following serial number and entries shall be inserted, namely :- 376AAA 8507 Lithium-ion accumulators .....

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..... hall be omitted; (v) in S. No. 154, in the entry in column (3), for the figure and word 20 inches and the figure and word 68 cm , both, the figure and word 32 inches shall be substituted; (vi) for S. No. 174 and the entries relating thereto, the following serial number and the entries shall be substituted, namely :- 174 8714 Parts and accessories of vehicles of heading 8711 ; (vii) S. No. 215 and the entries relating thereto, shall be omitted. 2. This notification shall come into force on the 1st January, 2019. By order and in the name of the Governor of Maharashtra, J. V. DIPTE, Deputy Secretary to Government. Note:- The principal Notificat .....

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