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of <h1>Jammu and Kashmir GST Amendment: New Tax Rates for Ethyl Alcohol, Fruit Drinks, and School Supplies Effective January 2023.</h1> The Government of Jammu and Kashmir has amended Notification No. SRO-GST-1 dated July 8, 2017, under the Jammu and Kashmir Goods and Services Tax Act, 2017. The amendments involve changes in the tax schedules: Schedule I (20%) now includes ethyl alcohol supplied to oil marketing companies for blending with petrol and specifies bran sharps and other residues. Schedule II (6%) includes fruit pulp or fruit juice-based drinks, excluding carbonated beverages, and mathematical, geometry, and color boxes. Schedule III (9%) specifies denatured ethyl alcohol and other spirits, excluding those supplied for blending with petrol. These changes are effective from January 1, 2023.
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