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

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

Notification No. 1/2018-Compensation Cess (Rate)

New Delhi, the 25
th
January, 2018

G.S.R. (E).- In exercise of the powers conferred by sub-section (2) of section 8 of the Goods
and Services Tax (Compensation to States) Act, 2017 (15 of 2017), the Central Government,
on the recommendations of the Council, hereby makes the following amendments in the
notification of the Government of India, in the Ministry of Finance (Department of Revenue),
No. 1/2017-Compensation Cess (Rate), dated the 28th June, 2017, published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 720 (E), dated the
28th June, 2017, namely,-

In the said notification, in the Schedule, -

(i) after S. No. 42 and the entries relating thereto, the following serial numbers and the
entries shall be inserted

(1) (2) (3) (4)
42A. 87 All old and used motor vehicles

Explanation: Nothing contained in this entry shall apply
if the supplier of such goods has availed input tax credit
as defined in clause (63) of section 2 of the Central Goods
and Services Tax Act, 2017, CENVAT credit as defined
in CENVAT Credit Rules, 2004, or the input tax credit of
Value Added Tax or any other taxes paid on such
vehicles.
NIL

(ii) in S. No. 43, for the entry in column (2), the entry “8702 or 8703”, shall be substituted;

(Ruchi Bisht)
Under Secretary to the Government of India

Note: The principal notification No.1/2017-Compensation Cess (Rate) dated the 28th June,
2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i),
vide number G.S.R. 720(E), dated the 28th June, 2017 and last amended vide notification No.
6/2017-, Compensation Cess (Rate) dated the 13
th
October, 2017, published vide number
G.S.R.1282(E), dated the 13th October, 2017.
notifications no 1 2018 compensation cess rate | iKargos