The Ministry of Finance (MoF) on April 30, 2026, issued amendment regarding the Changes in GST Rates for Specified Goods.
The Central Government, on the recommendations of the GST Council, has issued amendments to Notification No. 9/2025–Central Tax (Rate) under the provisions of the Central Goods and Services Tax Act, 2017.
The amendment revises tariff classifications (HS Codes) under different GST rate schedules:
Under Schedule I (2.5% GST), the HS Codes for entries at Serial Nos. 150 and 151 have been updated.
Under Schedule III (20% GST), the HS Codes for entries at Serial Nos. 2 and 3 have also been modified.
These changes primarily involve substitution of specific tariff codes related to goods classified under heading 2202, ensuring proper alignment of GST rates with the revised classification.
The notification will come into effect from May 1, 2026.
The amendment ensures accurate classification of goods under relevant GST rate slabs by updating HS Codes, thereby improving clarity and consistency in tax applicability.
[Notification No. 01/2026-Central Tax (Rate)]
