GST schedule amendment reclassifies goods and adjusts tariff entries, altering taxable treatment and applicable rate categories. Amendment to the Meghalaya GST tariff schedules reclassifies and reallocates specified goods across rate Schedules by inserting, substituting and omitting tariff entries and descriptions-adding lines such as ethyl alcohol for blending and fertilizer grade phosphoric acid, introducing household and electrical appliances and lithium ion batteries into a lower rate schedule while narrowing higher rate coverage (including exclusions for lithium ion batteries and certain television sets), and adjusting product descriptions and value thresholds to realign taxable treatment under the Meghalaya GST regime; changes take effect on the notified date.
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GST schedule amendment reclassifies goods and adjusts tariff entries, altering taxable treatment and applicable rate categories.
Amendment to the Meghalaya GST tariff schedules reclassifies and reallocates specified goods across rate Schedules by inserting, substituting and omitting tariff entries and descriptions-adding lines such as ethyl alcohol for blending and fertilizer grade phosphoric acid, introducing household and electrical appliances and lithium ion batteries into a lower rate schedule while narrowing higher rate coverage (including exclusions for lithium ion batteries and certain television sets), and adjusting product descriptions and value thresholds to realign taxable treatment under the Meghalaya GST regime; changes take effect on the notified date.
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