Want to File ITR, GST Returns & Pvt. Ltd. Registration

Notification No. 20/2023 – IT(R) GST Rate Change on Molasses

by Shakshi Bharti | Jan 23, 2024 | GST, 2023 Notifications, Integrated Tax (Rate) 2023 Notifications, Notifications | 0 comments

Call @ +91-8512-022-044

Important Keyword: Notification No. 20/2023 - Integrated Tax (Rate), GST on molasses, GST millet flour, industrial spirits GST, GST amendment 2023, Finodha GST expert,

Words: 864; Read time: 5 minutes.

[F. No. CBIC-190354/195/2023-TO(TRU-II)-CBEC]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

New Delhi, the 19^th October, 2023

Notification No. 20/2023 - Integrated Tax (Rate): Seeks to amend Notification No 01/2017- Integrated Tax (Rate) dated 28.06.2017

[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 the IGST Act, 2017 (13 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 in the 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%, -

i. after S. No. 92 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:

(1)	(2)	(3)
“92A.	1703	Molasses”;

ii, after S. No. 96 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:

(1)	(2)	(3)
“96A.	1901	Food preparation of millet flour, in powder form, containing at least 70% millets by weight, pre-packaged and labelled”;

(B) in Schedule III – 18%,

i. against S. No. 13, in column (3), for the words and figures “of heading 1905”, the words and figures “of heading 1905; food preparation of millet flour, in powder form, containing at least 70% millets by weight, pre-packaged and labelled ” shall be substituted;

ii. after S. No. 25 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -

(1)	(2)	(3)
“25A.	2207 10 12	Spirits for industrial use”;

2. This notification shall come into force with effect from the 20^th day of October, 2023.

Vikram 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. 14/2023– Integrated Tax (Rate), dated the 29^th September, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 712(E), dated the 29^th September, 2023.

📚 Frequently Asked Questions (FAQs): Notification No. 20/2023 - Integrated Tax (Rate)

❓ Q1: What is Notification No. 20/2023 – Integrated Tax (Rate) about?

Answer:
Notification No. 20/2023 – Integrated Tax (Rate) amends the IGST rate notification 01/2017 dated 28th June 2017. It adds new goods under different GST slabs (5%, 18%), revises item descriptions, and omits a 28% slab entry.

❓ Q2: What items are added under 5% IGST in this notification?

Answer:
The following items are added under Schedule I (5% GST):
S. No. 92A: Molasses (HSN 1703)
S. No. 96A: Food preparation of millet flour (≥70% millets), in powder form, pre-packaged and labelled
🌾 For millet-based product businesses, consult GST Compliance Services

❓ Q3: What is the new GST treatment for millet-based food preparations?

Answer:
Millet flour-based food products (powder form, at least 70% millets by weight, and pre-packaged & labelled) now attract 5% IGST. However, if such products fall under heading 1905, they may be classified under Schedule III at 18%.
✅ For guidance on classification, visit GST Return Filing Services

❓ Q4: What is the revised entry in Schedule III (18% GST)?

Answer:
The description for S. No. 13 now includes: “Food preparation of millet flour, in powder form, containing at least 70% millets by weight, pre-packaged and labelled”
A new entry (S. No. 25A) is added for Spirits for industrial use (HSN 2207 10 12)
🔬 Need help with classification? Talk to a GST Professional

❓ Q5: Has any item been removed from the 28% GST rate slab?

Answer:
Yes, S. No. 1 in Schedule IV (28%) has been omitted. However, the specific item previously listed is not detailed in the current notification.
📄 For historical GST rates and expert filing help, explore Finodha GST Return Filing