CBIC notified GST council recommendation w.r.t exemption of Rab, other than pre-packaged and labelled
In 49th GST council meeting, the council had recommended to exempt Rab or loose jaggary when its sold unpacked or pre-packed while for the pre-packed and labelled 5% GST was proposed.
Now vide notification no. 04/2023 -Central Tax (Rate) dated 28th February, 2023 CBI has notified the said provision, the extract of notification can be read as under;
Notification No. 04/2023-CentralTax (Rate)
— In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No.2/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 674(E), dated the 28th June, 2017, namely:-
In the said notification, in the Schedule, against S. No. 94, in Column (3), after the item (ii) and the entries relating thereto, the following item and entry shall be inserted, namely: -
“(iii) Rab, other than pre-packaged and labelled”.
This notification shall come into force on the 1st day of March, 2023
Corresponding notification have been issued under Integrated Tax and Union Territory Tax to effect the same under respective act.