Seeks to amend Notification No.9/2017-Integrated Tax (Rate) dated 28.06.2017

Seeks to amend Notification No.10/2017-Integrated Tax (Rate) dated 28.06.2017

A new entry is added S. No. 98B.The entry for S. No. 15 is expanded to include "Fortified Rice Kernel (FRK)". The term "pre-packaged and labelled" is redefined in the Explanation to cover retail commodities up to 25 kg or 25 liters

New entries are introduced in the schedule S. No. 105A. It specifies that commodities intended for retail sale, pre-packed in units of not more than 25 kg or 25 liters.

The amendment eligibility for concessional tax rates by including food inputs used in fortified rice kernel production for government welfare schemes.

The amendment raises the IGST rate on the specified item under S. No. 4 from 12% to 18%, effective immediately.

These amendments refine the definitions and processes concerning "specified premises" for hotel accommodations. Annexure VII are newly introduced.

Introduces a new entry for services of insurance provided by the Motor Vehicle Accident Fund under Section 164B of the Motor Vehicles Act, 1988 Effective April 1, 2025.

This amendment clarifies that the provision under Serial Number 5 applies to individuals or entities excluding bodies corporate.

his amendment updates the definition of "specified premises" for better alignment with Notification No. 08/2017-Integrated Tax (Rate). The amendment will come into effect on April 1, 2025.