{"id":8802,"date":"2023-03-01T10:33:04","date_gmt":"2023-03-01T10:33:04","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=8802"},"modified":"2023-03-01T10:38:38","modified_gmt":"2023-03-01T10:38:38","slug":"government-notifies-reduction-of-gst-rates-on-rab-and-pencil-sharpener-recommended-by-the-gst-councils-in-its-49th-meeting","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/government-notifies-reduction-of-gst-rates-on-rab-and-pencil-sharpener-recommended-by-the-gst-councils-in-its-49th-meeting\/","title":{"rendered":"Government notifies reduction of GST rates on Rab and Pencil Sharpener recommended by the GST Councils in its 49th meeting"},"content":{"rendered":"

 <\/p>\n

The GST Council’s 49th meeting was held in Delhi on February 18, 2023 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.The meeting was also attended by Union Minister of State for Finance Shri Pankaj Chaudhary besides Finance Ministers of States & UTs (with legislature) and senior officers of the Ministry of Finance & States\/ UTs. \n <\/p>\n

The GST Council had recommended to reduce the GST rates on ‘Rab’ from 18% to 5% if sold prepackaged,Nil – if sold otherwiseand on ‘Pencil Sharpener’ from 18% to 12%.\n <\/p>\n

Accordingly, CBIC has notifiedthe amendmentsin Notification No. 1\/2017-Central Tax (Rate) dated June 28, 2017 vide <\/strong><\/em>Notification No. 3\/2023-Central Tax (Rate) dated February 28, 2023<\/strong><\/a> <\/strong><\/em>, in order to align with recommendations of the 49th GST Council Meeting.<\/p>\n

\n\n\n\n\n\n\n\n\n
\n

Schedule I – 2.5%<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

SI. No.<\/strong><\/p>\n<\/td>\n

\n

Chapter \/ Heading \/ Sub-Heading \/ Tariff Item<\/strong><\/p>\n<\/td>\n

\n

Existing Entry<\/strong><\/p>\n<\/td>\n

\n

Revised \/ New Entry<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

91A<\/p>\n<\/td>\n

\n

1701 or 1702<\/p>\n<\/td>\n

\n

Jaggery of all types including Cane Jaggery (gur), Palmyra Jaggery, pre-packaged and labelled; Khandsari Sugar, pre-packaged and labelled<\/p>\n<\/td>\n

\n

Jaggery of all types including Cane Jaggery (gur), Palmyra Jaggery, pre-packaged and labelled; Khandsari Sugar, pre-packaged and labelled; Rab,pre-packaged and labelled <\/p>\n<\/td>\n<\/tr>\n

\n

Schedule II – 6%<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

186A<\/p>\n<\/td>\n

\n

8214<\/p>\n<\/td>\n

\n

 <\/p>\n<\/td>\n

\n

Pencil sharpeners<\/em><\/p>\n<\/td>\n<\/tr>\n

\n

Schedule III – 9%<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

302A<\/p>\n<\/td>\n

\n

8214<\/p>\n<\/td>\n

\n

Other articles of cutlery (for example, hair clippers, butchers’ or kitchen cleavers, choppers and mincing knives,); manicure or pedicure sets and instruments (including nail files)<\/p>\n<\/td>\n

\n

Other articles of cutlery (for example, hair clippers, butchers’ or kitchen cleavers, choppers and mincing knives,); manicure or pedicure sets and instruments (including nail files) [other than pencil sharpeners] <\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

2022\/06\/cbic-logo-new-1.jpg<\/p>\n","protected":false},"author":1,"featured_media":7535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8802"}],"collection":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/comments?post=8802"}],"version-history":[{"count":6,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8802\/revisions"}],"predecessor-version":[{"id":8808,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8802\/revisions\/8808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/7535"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=8802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=8802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=8802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}