CBIC Exempts Compensation Cess on Aerated Beverages for Defence Canteens | Notification No. 01/2024

CBIC Exempts Compensation Cess on Aerated Beverages for Defence Canteens | Notification No. 01/2024

Background:

During the 53rd Meeting of the GST Council held on June 22, 2024, in New Delhi, it was recommended to exempt Compensation Cess on the supply of aerated beverages and energy drinks to authorized customers by Unit Run Canteens under the Ministry of Defence.

Notification:

The CBIC, via Notification No.01/2024 – Compensation Cess (Rate) dated July 12, 2024, exercised its powers under sub-section (1) of Section 11 of the CGST Act, read with sub-section (1) of Section 11 of the GST (Compensation to States) Act and sub-section (1) of Section 6 of the IGST Act, to exempt the supply of goods falling under Heading 2202 by a Unit Run Canteen to authorized customers from the whole of the GST Compensation Cess levied under Section 8 of the GST (Compensation to States) Act, effective from July 15, 2024.

Explanation:

Effect of the Notification:

Effective from July 15, 2024, the CBIC exempts Compensation Cess on the supply of aerated beverages and energy drinks to authorized customers by Unit Run Canteens under the following Heading:

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