Notification No. 1/2021 rate
Date: September 30, 2021
Subject: Insertion of compensation cess rate on certain carbonated fruit beverages.
Description:
This notification inserts Entry 4B in Notification No. 1/2017 to levy compensation cess at 12% on carbonated beverages of fruit drink or fruit juice. It clarifies the cess applicability on such beverages. The amendment addresses classification disputes in the beverage sector.
Issued for earlier notification?
Yes — it amends Notification No. 1/2017–Compensation Cess (Rate).