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of <h1>Ministry of Finance amends IGST rates for vessel transport, removing non-taxable territory clause; effective October 1, 2023.</h1> Notification No. 11/2023, issued by the Ministry of Finance on September 26, 2023, amends the Integrated Goods and Services Tax (IGST) rates for the transport of goods by vessel. This amendment modifies the previous Notification No. 8/2017, removing the clause that included services provided by entities in non-taxable territories for transporting goods by vessel to India. The changes align with the 50th GST Council decisions and take effect from October 1, 2023.
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