49th GST Council Meeting: Clarification on GST rate

The GST Council’s 49th meeting was held in Delhi on February 18, 2023 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council has inter-alia made the following recommendations to clarify the GST rates:

Sr. No.

Description From To

Goods

1.

‘Rab’ 18%

5%- if sold packaged and labelled

Nil- if sold other wise

2. Pencil Sharper 18%

12%

The Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1900376

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