GST rate change on prepared bovine and equine leather takes effect and classifies specified crusted leathers under reduced tax. GST at 5% w.e.f. 22-09-2025 applies to leather further prepared after tanning or crusting, including parchment-dressed leather, of bovine (including buffalo) or equine animals, without hair on, whether or not split, other than leather of heading 4114, per Notification No. 9/2025-Integrated Tax (Rate) dated 17-09-2025.