Nil CGST Compensation Cess (Rate) on Fuel Cell Motor Vehicles & Coal rejects notified

CBIC prescribes NIL Rate of GST Compensation Cess on Coal rejects supplied by a coal washery, arising out of coal on which compensation cess has been paid and no input tax credit thereof has not been availed by any person and on Fuel Cell Motor Vehicles vide Notification No. 2/2018-Compensation Cess (Rate) , Dated: 26th July, 2018.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
New Delhi

Notification No. 2/2018-Compensation Cess (Rate) , Dated: 26th July, 2018

G.S.R. 704(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 makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 1/2017-Compensation Cess (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 720 (E), dated the 28th June, 2017, namely:-

In the said notification, in the Schedule, –

(i) after S. No. 41 and the entries relating thereto, the following serial numbers and the entries shall be inserted
(ii) after S. No. 42 A and the entries relating thereto, the following serial numbers and the entries shall be inserted, 2. This notification shall come into force on the 27th July, 2018.

[F. No. 354/255/2018-TRU]