Raja Abhishek For NIRC 2024

@abhishekrajaram

over 1 year ago

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š—”š—¼š˜š—¶š—³š—¶š—°š—®š˜š—¶š—¼š—» š—”š—¼. šŸ¬šŸÆ/šŸ®šŸ¬šŸ®šŸ° - š—–š—²š—»š˜š—æš—®š—¹ š—§š—®š˜… (š—„š—®š˜š—²) šŸ“¢ The Government of India has announced:

"From July 15, 2024, agricultural produce supplied in packages exceeding 25 kilograms or 25 liters will no longer be considered 'pre-packaged and labelled,' thus exempting them from certain regulatory provisions under the Legal Metrology Act, 2009."

šŸ” š—™š—®š—°š˜š˜€: š—œš˜€š˜€š˜‚š—¶š—»š—“ š—”š˜‚š˜š—µš—¼š—æš—¶š˜š˜†: Ministry of Finance (Department of Revenue) š——š—®š˜š—² š—¼š—³ š—œš˜€š˜€š˜‚š—²: 12th July 2024 š—˜š—³š—³š—²š—°š˜š—¶š˜ƒš—² š——š—®š˜š—²: 15th July 2024 š—„š—²š—¹š—²š˜ƒš—®š—»š˜ š—Ÿš—²š—“š—¶š˜€š—¹š—®š˜š—¶š—¼š—»: Central Goods and Services Tax Act, 2017

āš–ļø š—”š—ŗš—²š—»š—±š—ŗš—²š—»š˜ š——š—²š˜š—®š—¶š—¹š˜€: The amendment to Notification No. 2/2017-Central Tax (Rate) introduces an exemption for agricultural produce in bulk packaging (above 25 kg or liters). These packages are no longer classified as "pre-packaged and labelled" under the Legal Metrology Act, offering relief to suppliers from specific tax and packaging requirements.

šŸ“œ š—”š—¼š˜š—¶š—³š—¶š—°š—®š˜š—¶š—¼š—» š—œš—»š—³š—¼: š—£š—æš—¶š—»š—°š—¶š—½š—®š—¹ š—”š—¼š˜š—¶š—³š—¶š—°š—®š˜š—¶š—¼š—»: No. 2/2017-Central Tax (Rate), dated 28th June 2017 š—Ÿš—®š˜€š˜ š—”š—ŗš—²š—»š—±š—ŗš—²š—»š˜: Notification No. 18/2023-Central Tax (Rate), dated 19th October 2023

This ruling ensures that large-scale agricultural supplies are not unnecessarily categorized under stringent packaging laws, simplifying compliance for suppliers.

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