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Taxation Himachal Pradesh Ministry of Finance Himachal Pradesh Goods and Services Tax Act, 2017

Amendment in Notification No. 26/2018-State Tax (Rate) regarding the terms of the Foreign Trade Policy, 2023 and Handbook of Procedure

10-Aug-2023 | 10/2023-State Tax (Rate)

Government of Himachal Pradesh has reiterated a circular issued by CBIC dated 26th July 2023 regarding the amendments in the Schedules for the rate of central tax, as notified vide Notification No. 26/2018-State Tax (Rate), effective from 27th July 2023.

The highlights of the amendment are:
1. For paragraph 4.41, paragraph 4.40 has been substituted.
2. Foreign Trade Policy means the Foreign Trade Policy, 2023, notified by the Government of India in the Ministry of Commerce and Industry vide notification No. 1/2023 dated the 31st of March 2023. Previously, it was Foreign Trade Policy, 2015-2020.
3. Handbook of Procedures means the Handbook of Procedure, notified by the Government of India in the Ministry of Commerce and Industry vide Public Notice No. 01/2023 dated the 1st of April 2023. Previously, it was the Handbook of Procedure issued vide Public Notice No. 43/2015-2020.

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