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of <h1>Central Government Amends Tax Rates: Changes in Schedules I, II, and III Effective April 1, 2020 Under CGST Act.</h1> The Central Government has issued Notification No. 03/2020-Central Tax (Rate) to amend Notification No. 1/2017-Central Tax (Rate) dated June 28, 2017. Effective April 1, 2020, the amendments include changes to tax rates under various schedules. In Schedule I (2.5%), serial number 187 is omitted. In Schedule II (6%), a new entry 75A is added for 'All goods,' and serial numbers 202 and 203 are omitted. In Schedule III (9%), serial number 73 is omitted, and entry 379 is revised to 'All goods.' These amendments are made under the Central Goods and Services Tax Act, 2017.
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