Notification No. 03/2024
Date: July 12, 2024
Subject: Clarification on scope of “pre-packaged and labelled” under Notification No. 2/2017–Integrated Tax (Rate).
Description:
This notification inserts a proviso in the explanation to Notification No. 2/2017–Integrated Tax (Rate) clarifying that agricultural farm produce supplied in packages exceeding 25 kg or 25 litres shall not be considered as “pre-packaged and labelled”. The amendment aligns the exemption framework with practical trade realities and avoids unintended tax burden on bulk agricultural supplies.
Issued for earlier notification?
Yes — it amends Notification No. 2/2017–Integrated Tax (Rate).
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