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    <title>GIST OF RECENT CBIC NOTIFICATIONS ON RATE CHANGES</title>
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    <description>Implementation of the GST Council&#039;s 47th meeting recommendations effected changes from 18 July 2022 to rates, exemptions and reverse-charge rules: service rates were revised (including transport, hotel accommodation and specified hospital charges), GTA treatment and supplier payment options under reverse charge were clarified, exemptions for various services and pre-packaged/labelled food items were narrowed, specified goods saw rate increases and removal of inverted-duty refunds for listed inputs, fly-ash products retained a low rate with restricted input credit, and a concessional rate for certain research institutions was rescinded.</description>
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