GST schedule amendments revise tax classifications and rates for specified goods, altering invoicing and valuation consequences. Amendments revise classification and rate entries across Schedule I (2.5%), Schedule II (6%), Schedule III (9%) and Schedule IV (14%) by inserting, omitting, substituting and re numbering tariff items and descriptions, adding entries for marble, cork products, lithium ion accumulators and vehicle parts, substituting footwear and machinery descriptions, and introducing an explanatory valuation rule for mixed supplies supplied with specified taxable services; these changes are declared effective from the prescribed commencement date for statutory application.
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Provisions expressly mentioned in the judgment/order text.
GST schedule amendments revise tax classifications and rates for specified goods, altering invoicing and valuation consequences.
Amendments revise classification and rate entries across Schedule I (2.5%), Schedule II (6%), Schedule III (9%) and Schedule IV (14%) by inserting, omitting, substituting and re numbering tariff items and descriptions, adding entries for marble, cork products, lithium ion accumulators and vehicle parts, substituting footwear and machinery descriptions, and introducing an explanatory valuation rule for mixed supplies supplied with specified taxable services; these changes are declared effective from the prescribed commencement date for statutory application.
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