GST schedule amendments redefine tax classifications for specified goods and introduce concessional treatment for renewable devices. Amendment to S.R.O. - GST -1 revises classifications across Schedules I-IV, inserting, substituting and omitting specified entries to alter tax treatment at the 2.5%, 6%, 9% and 14% bands - including tamarind seeds, biodiesel provisions, renewable energy devices with a value-allocation rule, ores and concentrates, medical and railway items - effective from 1 October 2021.
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GST schedule amendments redefine tax classifications for specified goods and introduce concessional treatment for renewable devices.
Amendment to S.R.O. - GST -1 revises classifications across Schedules I-IV, inserting, substituting and omitting specified entries to alter tax treatment at the 2.5%, 6%, 9% and 14% bands - including tamarind seeds, biodiesel provisions, renewable energy devices with a value-allocation rule, ores and concentrates, medical and railway items - effective from 1 October 2021.
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