Clarification regarding GST rate and classification of “Rab” based on the recommendation of the GST council in its 49th meeting held on 18th February, 2023
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GST rate on Rab clarified: pre-packaged labelled supplies taxed while other forms are exempt, past treatment regularised. Effective 1 March 2023, Rab sold in pre-packaged and labelled form attracts GST at the notified rate for pre-packaged goods, while Rab sold otherwise is nil-rated; divergent past interpretations are regularised on an 'as is' basis following the GST Council recommendation and the Ministry of Finance circular.
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GST rate on Rab clarified: pre-packaged labelled supplies taxed while other forms are exempt, past treatment regularised.
Effective 1 March 2023, Rab sold in pre-packaged and labelled form attracts GST at the notified rate for pre-packaged goods, while Rab sold otherwise is nil-rated; divergent past interpretations are regularised on an "as is" basis following the GST Council recommendation and the Ministry of Finance circular.
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