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of <h1>India Revises CGST Rates and Classifications for Goods Including Dairy, Oils, and Aircraft Parts Effective January 2022.</h1> The Government of India has issued Notification No. 18/2021-Central Tax (Rate) to amend Notification No. 1/2017-Central Tax (Rate) from June 28, 2017. This amendment, effective January 1, 2022, revises various entries across Schedules I to IV concerning the Central Goods and Services Tax (CGST) rates. Changes include modifications to tax rates and classifications for a range of goods, such as dairy products, oils, biodiesel, aircraft parts, and various ores and concentrates. The notification aims to update and clarify the tax treatment of these items under the CGST framework.
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