Goods and Services Tax Compensation Cess Rules, 2017

Notification on Goods and Services Tax Compensation Cess Rules, 2017

This notification, issued by the Ministry of Finance's Department of Revenue, outlines the rules established under the Goods and Services Tax (Compensation to the States) Act, 2017. It is identified as Notification No. 2/2017–Compensation Cess and was enacted on July 1, 2017. The notification is based on the authority given by sub-section (2) of section 12 and section 11 of the Act. The rules are officially titled the Goods and Services Tax Compensation Cess Rules, 2017, and became effective on the same date.

The notification specifies that the Central Goods and Services Tax Rules, 2017 will apply to these rules with certain modifications. Specifically, the title "Central Goods and Services Tax Rules, 2017" is replaced with "Goods and Services Tax Compensation Cess Rules, 2017." Additionally, rules numbered 3 to 7 and 117 to 120 from the Central Goods and Services Tax Rules, 2017, are omitted in this context. The document is signed by Mahendra Nath, Under Secretary, and refers to file number S-31011/31/2017-ST-II-DOR.