Revised GST Rates Effective January 2019

Amendments to GST rates announced under IGST Act and CGST Act. Changes across various schedules including reductions and omissions.

Notable adjustments in Schedule I, II, III, and IV. Introduction of new serial numbers for specific goods and accessories.

Explanations added for certain categories to clarify tax implications. Effective date of the amendments set for January 1, 2019.

Notification signed by Gunjan Kumar Verma, Under Secretary to the Government of India.