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Core Purpose

Notification amending Government Notification No. 5/2017-State Tax (Rate) under the Delhi Goods and Services Tax Act, 2017 to insert a new entry restricting refund of input tax credit on imitation zari thread or yarn made from metallised polyester or plastic film.

Detailed Summary

The Finance (Expenditure-I) Department, Government of the National Capital Territory of Delhi, by Notification No. 20/2023-State Tax (Rate) (No. F.3(11)/Fin.(Exp-I)/2024-25/DS-I/717) dated 28th August, 2024, exercising powers under clause (ii) of the proviso to sub-section (3) of Section 54 of the Delhi Goods and Services Tax Act, 2017 (03 of 2017), and on the recommendations of the Council, further amends Government Notification No. 5/2017-State Tax (Rate) dated 30th June, 2017 (F.3(15)/Fin(Rev-1)/2017-18/DS-VI/371), which was last amended by Notification No. 9/2022-State Tax (Rate) dated 17th November, 2022 (F.3(30)/Fin(Exp-I)/2022-23/DS-I/897). The amendment inserts a new entry after serial number 6A in the Table, under tariff heading 5605, for imitation zari thread or yarn made out of metallised polyester film or plastic film, with an explanation that the entry applies only to refund of input tax credit on polyester film or plastic film. The notification is deemed to have come into force with effect from 20th October, 2023, and is issued by order and in the name of the Lieutenant Governor of the National Capital Territory of Delhi, signed by Ravinder Kumar, Deputy Secretary (Exp.-I).

Full Text

REGD. No. D. L.-33002/99 GOVERNMENT OF INDIA Delhi Gazette SG-DL-E-29082024-256721 EXTRAORDINARY PUBLISHED BY AUTHORITY No. 224] | DELHI, WEDNESDAY, AUGUST 28, 2024/BHADRA 6, 1946 | [N. C. T. D. No. 169 PART IV GOVERNMENT OF THE NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (EXPENDITURE-I) DEPARTMENT NOTIFICATION Delhi, the 28th August, 2024 No. 20/2023-State Tax (Rate) No. F. 3 (11)/Fin.(Exp-I)/2024-25/DS-I/717.—In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of section 54 of the Delhi Goods and Services Tax Act, 2017 (03 of 2017), the Lieutenant Governor of National Capital Territory of Delhi, on the recommendations of the Council, hereby makes the following further amendments in the Government Notification No. 5/2017-State Tax (Rate), published in the Delhi Gazette, Extraordinary, Part IV, Section 3, Sub-section (i), vide number F.3(15)/Fin(Rev-1)/2017-18/DS-VI/371, dated the 30th June 2017, namely:- In the said notification, in the TABLE, after S. No. 6A and the entries relating thereto, following S.No. and the entries shall be inserted, namely:- (1) | (2) | (3) "6A | 5605 | Imitation zari thread or yarn made out of Metallised polyester film/plastic film; A. | | Explanation: This entry shall apply for refund of input tax credit only on polyester film/plastic film"; 5488 DG/2024 (1) 2 DELHI GAZETTE : EXTRAORDINARY PART IV] 2. This notification shall come into force with effect from the 20th day of October, 2023. Note: -The principal notification No.5/2017- State Tax (Rate), published in the Delhi Gazette, Extraordinary, Part IV, Section 3, Sub-section (i), vide number F.3(15)/Fin(Rev-1)/2017-18/DS-VI/371, dated the 30th June 2017 and was last amended by notification No. 9/2022 – State Tax (Rate), published in the Delhi Gazette, Extraordinary, Part IV, Section 3, Sub-section (i), vide number F.3(30)/Fin(Exp-I)/2022-23/DS-I/897, dated 17th November 2022. By Order and in the Name of the Lt. Governor of the National Capital Territory of Delhi, RAVINDER KUMAR, Dy. Secy. (Exp.-I) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. GORAKHA NATH YADAVA3004

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