GST RATES AND CLASSIFICATION RECOMMENDATIONS BY GST COUNCIL
The GST Council has recommended a reduction in GST rates for COVID-19 related items such as medical oxygen, oxygen concentrators, and testing kits.
The council has also recommended a reduction in GST rates for certain medicines and equipment used in the treatment of COVID-19.
The GST rates for certain goods such as electric vehicles, solar power equipment, and fertilizers have been reduced.
The council has recommended a uniform GST rate of 12% for all types of footwear.
The GST rates for certain services such as job work for the textile and diamond sectors have been reduced.
The council has recommended a classification change for certain goods such as dried tamarind, plates and cups made of leaves, and certain types of wood.
The GST Council has also recommended the introduction of a new GST return filing system, which will be implemented in phases.