Notification 7/2017 - Compensation Cess Rate

Date: October 13, 2017

Effective From: October 13, 2017

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Subject

Seeks to prescribe compensation cess rate on the leasing of motor vehicles

Content

G.S.R. (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 notifies the rate of cess as specified in column 4 of the Table below, falling under the tariff item, sub-heading, heading or Chapter as specified in the First Schedule t…

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