The Central Board of Indirect Taxes and Customs (CBIC) on October 11, 2024, issued the notification regarding the Clarification regarding GST rates and classification (goods) based on the recommendations of the GST Council.
The following has been stated namely: -
• The reduced GST rate of 12% on extruded or expanded products, savoury or salted (other than un-fried or un-cooked snack pellets, by whatever name called, manufactured through process of extrusion) falling under HS19059030 shall apply prospectively from the date of effect of the said notification. For the past period, 18% GST shall be payable.
• The Roof Mounted Package Unit (RMPU) Air Conditioning Machines for Railways are classified under HS8415
• The seat assembly for 4-wheelers are classifiable under HS9401 while seats for 2-wheelers are classifiable under HS8714.
[Notification No. 235/29/2024-GST]
