Key Amendments to Integrated Goods and Services Tax Act
Amendment Scope: Central Government amends notification No.2/2017- Integrated Tax (Rate) based on Council's recommendations.
Changes in Schedule: Substitutions and additions made to various entries in the Schedule.
Aquatic Feed: Entry for aquatic feed, including shrimp, poultry, and cattle feed, revised.
New Entries: De-oiled rice bran and cotton seed oil cake included as separate entries.
Classification Updates: Amendments to item numbers for certain categories.
Clarifications: Addition of clarification regarding agricultural tools.
Manufacturing Parts: Addition of a new entry regarding parts for hearing aids manufacturing.
(Ruchi Bisht)
Under Secretary to the Government of India