The Ministry of Finance (MoF) on January 16, 2025, amended an older notification No. 1/2017-Integrated Tax (Rate) dated June 28, 2017, related to the rate of the integrated tax.
The following has been stated: -
•In the notification, -
(a)In Schedule I – 5%, after S. No. 98A and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
98B Fortified Rice Kernel (FRK).
(b)In Schedule III – 18%, against S. No. 15, in column (3), after the words “commonly known as Murki”, the words “, Fortified Rice Kernel (FRK)” shall be inserted.
This notification shall come into force with immediate effect.
URL:https://taxinformation.cbic.gov.in/view-pdf/1001202/ENG/Notifications
The detailed notification is given in the document below.
[Notification No. 01/2025- Integrated Tax (Rate)]
