SECTION 5

LEVY AND COLLECTION

5.1 SECTION AND RELEVANT RULE

Sub-section (1): Charge of Integrated Tax

Subject to the provisions of sub-section (2), there shall be levied a tax called the integrated goods and services tax on all inter-State supplies of goods or services or both, except on the supply of alcoholic liquor for human consumption and un-denatured extra neutral alcohol or rectified spirit used for manufacture of alcoholic liquor for human consumption [3], on the value determined under section 15 of the Central Goods and Services Tax Act, and at such rates, not exceeding forty per cent., as may be notified by the Government on the recommendations of the Council.