Background:
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 recommendation to reduce the GST rates on ‘Rab’ from 18% to Nil, if sold otherwise than prepackaged and labelled.
Notification:
Now, the CBIC vide Notification No. 4/2023-Central Tax (Rate) dated February 28, 2023 has issued amendments in Notification No. 2/2017-Central Tax (Rate) dated June 28, 2017 (“the Goods Exemption Notification”), in order to align with recommendations of the 49th GST Council Meeting held on February 18, 2023, w.e.f. March 01, 2023, in a following manner:
| Schedule | |||
|
SI. No. |
Chapter / Heading / Sub-Heading / Tariff Item |
Existing Entry |
Revised Entry |
|
94. |
1701 or 1702 |
(i) Jaggery of all types including Cane Jaggery (gur), Palmyra Jaggery, other than pre-packaged and labelled.;
(ii) Khandsari Sugar, other than pre-packaged and labelled |
(i) Jaggery of all types including Cane Jaggery (gur), Palmyra Jaggery, other than pre-packaged and labelled.; (ii) Khandsari Sugar, other than pre-packaged and labelled; (iii) Rab, other than pre-packaged and labelled |
Similar Notifications have been passed under the Integrated Goods and Services Tax Act, 2017 (“the IGST Act”) and the Union Territory Goods and Services Tax Act, 2017 (“the UTGST Act”).
The CGST (Rate) Notification: https://taxinformation.cbic.gov.in/view-pdf/1009645/ENG/Notifications
The IGST (Rate) Notification: https://taxinformation.cbic.gov.in/view-pdf/1009649/ENG/Notifications
The UTGST (Rate) Notification: https://taxinformation.cbic.gov.in/view-pdf/1009653/ENG/Notifications
