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of <h1>Maharashtra GST Act: State Tax Rates Set for Goods; Six Schedules with Rates from 0.125% to 14% Effective July 2017.</h1> The Maharashtra Government, under the Maharashtra Goods and Services Tax Act, 2017, has issued a notification setting the state tax rates for various goods, effective from July 1, 2017. The tax rates are categorized into six schedules, with rates of 2.5%, 6%, 9%, 14%, 1.5%, and 0.125% respectively, based on the classification of goods under specific tariff items, sub-headings, headings, or chapters. The notification includes detailed descriptions of goods falling under each schedule, ranging from food items and textiles to machinery and precious metals. The notification is issued by the Finance Department of Maharashtra.
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