Important Keyword: Notification No. 20/2021 - Integrated Tax (Rate), GST amendment, IGST tariff changes, GST compliance, Integrated Tax Notification 2021, Notification No. 20/2021 IGST Rate, GST amendment 2021, tariff entry 4414, tariff entry 7419 80, Notification 22/2018 IGST amendment, GST updates
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[F. No. CBIC-190354/281/2021-TRU Section-CBEC]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
New Delhi, the 28th December, 2021
Notification No. 20/2021 - Integrated Tax (Rate): Seeks to amend Notification No 22/2018- Integrated Tax (Rate) dated 26.07.2018.
[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 6 of the IGST Act, 2017 (13 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 22/2018-Integrated Tax (Rate), dated the 26th July, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 699(E), dated the 26th July, 2018, namely :-
In the said notification, in the TABLE, -
- against S. No. 4, for the entry in column (2), the entry “4414” shall be substituted;
- against S. No. 29, for the entry in column (2), the entry “7419 80” shall be substituted;
2. This notification shall come into force on the 1st day of January, 2022.
(Rajeev Ranjan)
Under Secretary to the Government of India
📚 Frequently Asked Questions (FAQs): Notification No. 20/2021 - Integrated Tax (Rate)
Q1: What is Notification No. 20/2021 - Integrated Tax (Rate)?
Answer:
Notification No. 20/2021 – Integrated Tax (Rate), dated 28th December 2021, amends Notification No. 22/2018 – Integrated Tax (Rate) to update tariff entries under the GST law. It specifically changes tariff classifications at S. No. 4 and S. No. 29 of the original notification.
Q2: Which tariff entries are amended through this notification?
Answer:
At S. No. 4, the tariff entry is amended to read as “4414”.
At S. No. 29, the tariff entry is substituted as “7419 80”.
Q3: From when does Notification No. 20/2021 - IGST (Rate) come into effect?
Answer:
The notification is effective from 1st January 2022, meaning all imports and supplies under the amended tariff will follow the revised classification from that date.
Q4: Why were these amendments made?
Answer:
The amendments were introduced to align tariff classifications with updated customs/GST categorization, ensuring proper tax applicability and avoiding classification disputes.
Q5: How does this impact taxpayers and importers?
Answer:
Businesses dealing in goods under tariff heading 4414 and 7419 80 need to update their GST return filing and ensure correct classification to avoid penalties. Misclassification could lead to compliance issues under GST.
Q6: How is Notification No. 20/2021 linked with earlier GST updates?
Answer:
It directly amends Notification No. 22/2018 - Integrated Tax (Rate). Taxpayers who earlier referred to old tariff entries must now adopt the updated codes to maintain GST compliance.
Q7: What should businesses do to stay compliant after this notification?
Answer:
Verify if their goods fall under revised tariff headings.
Update ERP/accounting software with new HSN codes.
Consult a GST Expert for clarity.
Ensure timely GST Return Filing to avoid penalties.
Q8: Where can one get professional help for compliance under this notification?
Answer:
Businesses can seek assistance from GST professionals for:
GST Registration
GST Compliance
Income Tax Return (ITR)
Setup Business and related registrations.
Download PDF: Notification No. 20/2021 - Integrated Tax (Rate)
More Information: https://taxinformation.cbic.gov.in/
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