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of <h1>Gujarat Revises Tax Rates on Food, Oils, and Electronics per Notification No. 18/2021, Effective January 1, 2022.</h1> The Government of Gujarat issued Notification No. 18/2021-State Tax (Rate) on January 1, 2022, amending the previous Notification No. 1/2017-State Tax (Rate) under the Gujarat Goods and Services Tax Act, 2017. The amendments involve changes to various tax schedules, affecting the classification and tax rates of numerous goods, including food products, oils, aircraft parts, machinery, and electronic devices. These changes are based on recommendations from the Goods and Services Tax Council and aim to update tax entries, substitute specific product classifications, and introduce new entries for certain goods. The notification took effect on January 1, 2022.
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