Notification No. 12/2022 – IGST Rate Amendments Explained

Important Keyword: Notification No. 12/2022 – Integrated Tax (Rate), GST amendments 2022, Ethyl alcohol GST rate, fruit pulp juice GST, mathematical boxes GST, Notification 12/2022 IGST, Integrated Tax Rate amendment, GST alcohol, GST fruit drinks, GST stationery, GST compliance India 2023,

Words: 1033; Read time: 5 minutes.

[F. No. CBIC-190354/316/2022-TRU Section-CBEC]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

New Delhi, the 30^th December, 2022

Notification No. 12/2022 - Integrated Tax (Rate): Seeks to amend notification No. 1/2017- Integrated Tax (Rate)

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (i)]

G.S.R (E).- In exercise of the powers conferred by sub-section (1) of section 5 of Integrated Goods and Services Tax Act, 2017 (13 of 2017) read with sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No.1/2017-Integrated Tax (Rate), dated the 28^thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 666(E), dated the 28^thJune, 2017, namely:-

In the said notification, -

(A). in Schedule I – 5%, -

• against S. No. 102A, in column (3), for the entry, the following entry shall be substituted, namely: -
  “Ethyl alcohol supplied to Oil Marketing Companies or Petroleum refineries for blending with motor spirit (petrol)”;
• against S. No. 103A, in column (3), for the entry, the following entry shall be substituted, namely: -
  “Bran, sharps and other residues, whether or not in the form of pellets, derived from the sifting, milling or other working of cereals or of leguminous plants [other than aquatic feed including shrimp feed and prawn feed, poultry feed and cattle feed, including grass, hay and straw, supplement and additives, husk of pulses including chilka, concentrates including chuni or churi, khanda, wheat bran, de-oiled cake]”;

(B). in Schedule II – 12%, -

• against S. No. 48, in column (3), for the entry, the following entry shall be substituted, namely: -
  “Fruit pulp or fruit juice based drinks [other than Carbonated Beverages of Fruit Drink or Carbonated Beverages with Fruit Juice]”;
• against S. No. 180, in column (3), for the entry, the following entry shall be substituted, namely: -
  “Mathematical boxes, geometry boxes and colour boxes”;

(C). in Schedule III – 18%, against S. No. 25, in column (3), for the entry, the following entry shall be substituted, namely: -

“Ethyl alcohol and other spirits, denatured, of any strength [other than ethyl alcohol supplied to Oil Marketing Companies or Petroleum refineries for blending with motor spirit (petrol)]”.

2. This notification shall come into force with effect from the 1^st day of January, 2023.

(Vikram Vijay Wanere)
Under Secretary

Note: - The principal notification No.1/2017-Integrated Tax (Rate), dated the 28^th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 666(E)., dated the 28^th June, 2017 and was last amended by notification No. 06/2022 – Integrated Tax (Rate), dated the 13^th July, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 551(E), dated the 13^th July, 2022.

---

📚 Frequently Asked Questions (FAQs): Notification No. 12/2022 - Integrated Tax (Rate)

---

🔗 Helpful GST & Business Links

• GST Compliance
• GST Registration
• GST Return Filing
• Setup Business
• Private Limited Registration
• MSME Registration

---

Download PDF: Notification No. 12/2022 - Integrated Tax (Rate)

---

More Information: https://taxinformation.cbic.gov.in/

Read more interesting articles: