[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 2/2017- Compensation Cess (Rate)
New Delhi, the 28th June, 2017
G.S.R……(E).- In exercise of the powers conferred by sub-section (1) and 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, that the cess, on the supply of services.
1 Transfer of the right to use any goods for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration Chapter 99 Same rate of cess as applicable on supply of similar goods involving transfer of title in goods.
2 Transfer of right in goods or of undivided share in goods without the transfer of title thereof Chapter 99 Same rate of cess as applicable on supply of similar goods involving transfer of title in goods Any other supply of services Chapter 99 Nil
2. Explanation.- Reference to “Chapter”, “Section”, “Heading” or “Group”, wherever they occur, unless the context otherwise requires, shall mean respectively as “Chapter, “Section” and “Heading” in the scheme of classification of services.
3. This notification shall come into force with effect from 1st day of July, 2017.
(Ruchi Bisht) Under Secretary to the Government of India