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of <h1>Punjab GST Amendment: New Tax Rates for Jaggery, Khandsari Sugar, and Pencil Sharpeners Effective March 2023.</h1> The Government of Punjab has amended Notification No. S.O.16/P.A.5/2017/S.9/2017, initially issued on June 30, 2017, under the Punjab Goods and Services Tax Act, 2017. The amendment, effective from March 1, 2023, modifies tax rates in various schedules. In Schedule I, jaggery and khandsari sugar, when pre-packaged and labelled, are taxed at 2.5%. Schedule II introduces pencil sharpeners at a 6% tax rate. In Schedule III, pencil sharpeners are excluded from a 9% tax rate. This amendment was enacted by the Governor of Punjab on the Council's recommendation.
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