Notification No. 1/2018- Central Tax
New Delhi, the 1st January 2018
G.S.R. (E).- In exercise of the forces presented by sub-segment (1) of section 10 of the Central Goods and Services Tax Act, 2017 (12 of 2017) the Central Government, on the suggestions of the Council, therefore makes the accompanying further corrections in the notice of the Government of India in the Ministry of Finance.
In the said notification, in the opening paragraph, –
(a) in clause (i), for the words “one percent.”, the words “half percent.” shall be substituted;
(b) in clause (iii), for the words “half per cent. of the turnover”, the words “half per cent.of the turnover of taxable supplies of goods” shall be substituted.