Government Issues Various Rate Notifications Under GST

Government Issues Various Rate Notifications Under GST

Government has issued various Rate Notifications under GST covering:

(1.) Changes in GST rate on textile, footwear, etc. (to mitigate inverted duty structure). Like rates of GST for textile products getting classified under Chapter 54, 55, etc. increased to 12%.

(2.) Changes in service rate and exemption (major changes in entries related to governmental authority, government entity).

(3.) Liability on e-commerce in case of restaurant services (to cover Zomato, Swiggy, etc.).

The above notifications will have effect from 01.01.2022.

To Download the Notifications, Please Click Here

Dhanraj Sharma

Dhanraj Sharma is CEO of Tax Concept. He is on a Mission to Educate and Empower 10,000+ Professionals across the Country.

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