Tax rate amendment changing tariff classifications and valuation for mixed supplies, altering applicable state GST rates. Amendment to the State GST rate notification modifies tariff classifications and rates by inserting, omitting and re-numbering entries across Schedules I-IV, substituting specific product descriptions and measurement thresholds, adding new tariff lines for certain cork, marble, disability carriage parts and lithium-ion accumulators, and inserting an explanatory valuation rule for mixed supplies involving goods and a taxable service. The changes alter which items attract the stated schedule rates and take effect from the first day of January following issuance.
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Tax rate amendment changing tariff classifications and valuation for mixed supplies, altering applicable state GST rates.
Amendment to the State GST rate notification modifies tariff classifications and rates by inserting, omitting and re-numbering entries across Schedules I-IV, substituting specific product descriptions and measurement thresholds, adding new tariff lines for certain cork, marble, disability carriage parts and lithium-ion accumulators, and inserting an explanatory valuation rule for mixed supplies involving goods and a taxable service. The changes alter which items attract the stated schedule rates and take effect from the first day of January following issuance.
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