GST

Clarification on GST rates & classification of goods as per GST Council 47th meeting

 
CBIC issues clarification on GST rates & classification (goods) based on the recommendations of the GST Council in its 47th meeting 
 
CBIC has issued Circular No. 179/11/2022-GST dated 3rd August 2022 giving Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 47th meeting held on 28th – 29th June, 2022 at Chandigarh
 
The clarifications are with reference to GST levy, related to the following:
 
1. Electric vehicles whether or not fitted with a battery pack, attract GST rate of 5%
 
2. Stones otherwise covered in S. No. 123 of Schedule-I (such as Napa stones), which are not mirror polished, are eligible for concessional rate under said entry.
 
3. Mangoes under CTH 0804 including mango pulp, but other than fresh mangoes and sliced, dried mangoes, attract GST at 12% rate.
 
4. Treated sewage water attracts Nil rate of GST.
 
5. Nicotine Polacrilex Gum attracts a GST rate of 18%
 
6. Fly ash bricks and aggregate – condition of 90% fly ash content applied only to fly ash aggregate, and not fly ash bricks
 
7. Applicability of GST on by-products of milling of Dal/ Pulses such as Chilka, Khanda and Churi: 
 

Download Circular Click Here >>

Share

Recent Posts

  • GST

Supreme Court stays DGGI order on the issue of two parallel GST proceedings

Supreme Court stays DGGI order on the issue of bar on two parallel GST proceedings in terms of Section 6(2)(b)…

3 hours ago
  • Income Tax

Assessee can’t be said to indulged in penny stock sale without showing his involvement

Assessee could not said to indulged in penny stock sale on human probabilities without showing his involvement – ITAT deleted…

6 hours ago
  • Excise/Custom

Before staying CESTAT order High Court should have framed substantial questions of law – SC

Before staying CESTAT order the High Court should have framed the substantial questions of law and thereafter could have passed…

19 hours ago
  • CA CS CMA

CA issuing Form 15CB not required check genuineness of documents submitted

Chartered Accountant issuing Form 15CB not required check genuineness or otherwise of documents submitted by his clients – Supreme Court…

22 hours ago
  • GST

Ongoing investigation qua absconding person, no ground to deny bail to arrested person

Ongoing investigation qua absconding person, cannot be a ground to deny bail to person against whom the investigations have been…

1 day ago
  • Income Tax

Accommodation entry operators also obtain PAN, file ITRs, open bank account

Accommodation entry operators also routinely obtain PAN, file ITRs, and maintain bank accounts, to give a facade of legitimacy to…

1 day ago