
Raja Abhishek For NIRC 2024
over 1 year ago
ā¢View on š
š”š¼šš¶š³š¶š°š®šš¶š¼š» š”š¼. š¬šÆ/š®š¬š®š° - šš²š»ššæš®š¹ š§š®š (š„š®šš²) š¢ 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."
š šš®š°šš: ššššš¶š»š“ ššššµš¼šæš¶šš: Ministry of Finance (Department of Revenue) šš®šš² š¼š³ ššššš²: 12th July 2024 šš³š³š²š°šš¶šš² šš®šš²: 15th July 2024 š„š²š¹š²šš®š»š šš²š“š¶šš¹š®šš¶š¼š»: Central Goods and Services Tax Act, 2017
āļø ššŗš²š»š±šŗš²š»š šš²šš®š¶š¹š: 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.
š š”š¼šš¶š³š¶š°š®šš¶š¼š» šš»š³š¼: š£šæš¶š»š°š¶š½š®š¹ š”š¼šš¶š³š¶š°š®šš¶š¼š»: No. 2/2017-Central Tax (Rate), dated 28th June 2017 šš®šš ššŗš²š»š±šŗš²š»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.
Page created with TweetHunter
Write your own