Wednesday, 15 November 2017

CBEC notifies changes in rate of various items, exempts admission to protected monuments

Pursuant to GST Council’s 23rd meeting at Guwahati, CBEC issues notification for change in rates of various goods; Also, issues notification in respect of rate of tax applicable to restaurants (including those located in hotel premises);  Notifies 5% IGST/GST rate in respect of Scientific and technical instruments, apparatus, accessories, parts, live animals computer software, CD-ROM, recorded magnetic tapes, prototypes, supplied to public funded research institution, specified Universities, research institutions, Departments and laboratories of the Government and Cancer Institute; Extends exemption to services by way of admission to a protected monument so declared under the Ancient Monuments and Archaeological Sites and Remains Act 1958; These changes shall come into force w.e.f. November 15, 2017: CBEC Notifications 

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