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of <h1>Maharashtra Amends Tax Rates and Classifications Under Notification No. 1/2017-State Tax (Rate); Changes Effective July 27, 2018.</h1> The Government of Maharashtra issued amendments to Notification No. 1/2017-State Tax (Rate) under the Maharashtra Goods and Services Tax Act, 2017, effective from July 27, 2018. Key changes include adjustments to tax rates and classifications in various schedules. In Schedule I, items like ethyl alcohol and fertilizer grade phosphoric acid were added, and tax rates for certain goods were revised. Schedule II saw the inclusion of bamboo flooring and brass kerosene pressure stoves. Schedule III introduced items like lithium-ion batteries and household appliances, while Schedule IV omitted several entries and adjusted descriptions for electric accumulators and televisions.
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