Key Highlight of 45 GST Council Meeting

Major recommendations on GST rate changes in relation to Goods (w.e.f 1.10.2021 unless otherwise stated)

Description	Rate
Retro fitment kits for vehicles used by the disabled	5%
Fortified Rice Kernels for schemes like ICDS etc.	5%
Medicine Keytruda for treatment of cancer	5%
Biodiesel supplied to OMCs for blending with Diesel	5%
Ores and concentrates of metals such as iron, copper, aluminum, zinc and few others	18%
Specified Renewable Energy Devices and parts	12%
Cartons, boxes, bags, packing containers of paper etc.	18%
Waste and scrap of polyurethanes and other plastics	18%
All kinds of pens	18%
Railway parts, locomotives & other goods in Chapter 86	18%
Miscellaneous goods of paper like cards, catalogue, printed material (Chapter 49 of tariff)	18%
IGST on import of medicines for personal use, namely Zolgensma for Spinal Muscular Atrophy , Viltepso for Duchenne Muscular Dystrophy , Other medicines used in the treatment of muscular atrophy are recommended by the Ministry of Health and Family Welfare and the Department of Pharmaceuticals.	NIL
IGST exemption on goods supplied at Indo-Bangladesh Border haats	NIL
Unintended waste generated during the production of fish meal except for Fish Oil Nil	NIL (for the period 1.7.2017 to 30.9.2019)

 For More Detail Refer Key Highlights of the 45th GST Council Meeting

Looking GST Guidance on GST Call Now: +91 90-6560-1947 OR Visit https://sathiclap.com