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of <h1>Watch Movements Taxed at 18% IGST or 9% CGST + 9% SGST as per Notification 43/2017 Effective Nov 15, 2017.</h1> Goods such as watch movements, complete and assembled, are subject to a tax rate of 18% under the Integrated Goods and Services Tax (IGST) or a combination of 9% Central Goods and Services Tax (CGST) and 9% State Goods and Services Tax (SGST) or Union Territory Goods and Services Tax (UTGST). This rate was established by notification number 43/2017, effective from November 15, 2017.
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