Seeks to amend notification No. 1/2017- State Tax (Rate) dated 29.6.2017 so as to specify effective MGST rates for specified goods, to give effect to the recommendations of the GST Council in its 37th meeting dated 20.09.2019. - 14/2019-State Tax (Rate) - Maharashtra SGST
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GST rate amendments specify product-specific tax rates and revised schedule entries, altering taxable classifications and coverage. The State GST rate schedule is amended to reclassify specified goods and specify applicable MGST rates by omitting, substituting, and inserting schedule entries across multiple rate bands; notable changes include insertion of caffeinated beverages and wet grinders, classification of marine fuel, addition of railway rolling-stock headings into the six percent schedule, modification of motor vehicle entries for disability use, and revision of precious and semi-precious stone descriptions. The notification amends the principal rate notification and takes effect on the stated operative date.
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Provisions expressly mentioned in the judgment/order text.
GST rate amendments specify product-specific tax rates and revised schedule entries, altering taxable classifications and coverage.
The State GST rate schedule is amended to reclassify specified goods and specify applicable MGST rates by omitting, substituting, and inserting schedule entries across multiple rate bands; notable changes include insertion of caffeinated beverages and wet grinders, classification of marine fuel, addition of railway rolling-stock headings into the six percent schedule, modification of motor vehicle entries for disability use, and revision of precious and semi-precious stone descriptions. The notification amends the principal rate notification and takes effect on the stated operative date.
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