Central Tax (Rate) Notification No 02 of 2022 dt 31st March, 2020 under GST

 

Seeks to provide for a concessional rate on intra state supply of bricks conditional to not availing the ITC , as recommended by 45 GSTC 

The extract of GST Notification No. 02/2022- Central Tax (Rate) is given below: 

Notification No. 02/2022- Central Tax (Rate), GST

 

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] 

Government of India 

Ministry of Finance

(Department of Revenue) 

Notification No. 02/2022-Central Tax (Rate) 

New Delhi, the 31^st March, 2022

 

G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 11 and sub-section (1)    of section 16 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby exempts the intra-state supplies of goods, the description of which is specified in column (3) of the table below, falling under the tariff item, sub-heading, heading or Chapter, as specified in the corresponding entry in column (2) of the said table, from so much of the central tax leviable thereon under section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017) as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said table and subject to the relevant conditions annexed to this notification, the condition number of which is mentioned in the corresponding entry in column (5) of the said table:

 

Table

Sl.	Tariff	item,	Description	Rate	Condition
No.	sub-heading,				No.
	heading	or
	Chapter
(1)	(2)		(3)	(4)	(5)
1.	6815		Fly ash bricks or fly ash aggregate with 90 per cent.	3%	1
			or more fly ash content; Fly ash blocks
2.	6901 00 10		Bricks of fossil meals or similar siliceous earths	3%	1
3.	6904 10 00		Building bricks	3%	1
4.	6905 10 00		Earthen or roofing tiles	3%	1

 

Explanation. –

 

(i) For the purposes of this notification, “Tariff item”, “sub-heading”, “heading” and “Chapter” shall mean respectively a tariff item, sub-heading, heading and chapter as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975).

 

(ii)   The rules for the interpretation of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), including the Section and Chapter Notes and the General Explanatory Notes of the First Schedule shall, so far as may be, apply to the interpretation of this notification.