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of <h1>Watches reclassified under notification 43/2017, impacting IGST, CGST, and SGST/UTGST rates from November 15, 2017.</h1> Goods previously categorized under Schedule 4, which included wrist-watches, pocket-watches, and other watches (except those of heading 9101), were subject to an Integrated Goods and Services Tax (IGST) rate of 28% or a Central Goods and Services Tax (CGST) rate of 14% combined with a State Goods and Services Tax (SGST) or Union Territory Goods and Services Tax (UTGST) rate of 14%. This classification was omitted by notification number 43/2017, effective from November 15, 2017.
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