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<h1>Government Amends GST Rates on Footwear; Adds New Serial Number for Items Priced Below Rs. 1000 Effective January 2022.</h1> The Central Government, under the Integrated Goods and Services Tax Act, 2017, has issued Notification No. 21/2021 to amend Notification No. 1/2017-Integrated Tax (Rate) and supersede Notification 14/2021-IT(R). Effective January 1, 2022, the amendment omits serial number 225 from Schedule I (5%) and adds serial number 171A1 to Schedule II (12%), specifying a tax rate for footwear with a sale value not exceeding Rs. 1000 per pair. This change follows recommendations from the Council and was published in the Gazette of India.