GST rate reductions and retrospective regularisation for specified goods, with no refunds where higher GST was paid. Clarification implements GST rate reductions for specified goods effective 27th July, 2023 and regularises past-period treatment on an 'as is' basis where genuine interpretational doubts existed. Key changes: uncooked extruded snack pellets (CTH 1905), fish soluble paste (CTH 2309), and imitation zari thread (tariff heading 5605) move to 5% GST; ready to eat extruded snacks remain at the higher rate. Supply of raw cotton by agriculturists to cooperatives is taxable at 5% under reverse charge. Goods under HSN 9021 attract a uniform 5% rate. No refunds will be granted where higher GST was earlier paid.