Noti.No.01/2018-(ST)- Amd. to Noti. No.8/2017-(ST) to prescribe effective rate of tax under composition scheme for manufacturers and other suppliers.
Madam Cama Marg, Hutatma Rajguru Chowk,
Mantralaya, Mumbai 400 032, dated the 1st January 2018
Notification No. 1/2018–State Tax
MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017.
No. MGST-1018/C.R. 06/Taxation-1.—In exercise of the power conferred by sub-section (1) of section 10 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), (hereafter in this notification referred to as the ‘said Act ’), the Government of Maharashtra, on the recommendations of the Council, hereby makes the following further amendments in the Notification of Finance Department No. MGST-1017/C.R. 103(17)/Taxation-1 [No. 8/2017–State Tax] dated the 29th June 2017, in the Maharashtra Government Gazette, Part IV-B, Extra-ordinary No. 182, dated the 29th June 2017, namely :––
In the said notification,––
(a) in clause (i), for the words ‘‘ one per cent. ’’, the words ‘‘ half per cent.’’ shall be substituted ;
(b) in clause (iii), for the words ‘‘ half per cent. of the turnover ’’, the words ‘‘ half per cent. of the turnover of taxable supplies of goods ’’ shall be substituted.
By order and in the name of the Governor of Maharashtra,
R. D. BHAGAT,
Deputy Secretary to Government.