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<h1>GST classification of magnetic goods updated, applying the specified rate to electromechanical and permanent magnet items under Schedule II.</h1> Imposition of GST at eighteen percent on specified magnetic goods under Schedule II is effective from 22-09-2025 and covers electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; and electro-magnetic lifting heads, pursuant to Notification No. 09/2025 - IGST(Rate).