Notification No. 9/2021 - Central Tax (Rate)

GST Act Amendments for Seeds: Central Government, utilizing powers under section 11 of CGST Act, 2017, introduces amendments based on Council recommendations. Focus on Notification No.2/2017-Central Tax (Rate), dated June 28, 2017, relating to the taxation of seeds.

Revised Entry for Seeds: Substitution of S. No. 86 in the Schedule, clarifying that the entry covers seeds, fruits, and spores specifically used for sowing purposes.

Explanatory Note: An explanatory note is added to S. No. 86, emphasizing that the entry excludes seeds meant for purposes other than sowing.

Effective Date: The amendments are effective from October 1, 2021, indicating immediate implementation for the specified changes.

Official Confirmation: Rajeev Ranjan, Under Secretary to the Government of India, authenticates the notification, ensuring official endorsement.

Historical Reference: Refers to the principal notification of June 28, 2017, last amended on September 30, 2019, providing context to the ongoing evolution of tax rates and provisions.

Clarity on Seed Taxation: The amendments bring clarity to the taxation framework for seeds, aligning with the specific use for sowing purposes.