Gst rates on specified goods and services w.e.f 01.10.2021

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The Goods and Services Tax (GST) rates for both goods and services have been revised, effective from 1st October 2021. These changes align with the recommendations from the 45th GST Council meeting held on 17th September 2021. Specific notifications have been issued by the CBIC detailing the amendments to CGST rates for various services and 26 goods items.

Kowsalya

Kowsalya (Querist)
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01 October 2021 is there any revision of gst rates on goods also?

Thanks in Advance

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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01 October 2021 CBIC amends {notification No. 11/2017- Central Tax (Rate)} so as to notify CGST rates of various services as recommended by GST Council in its 45th meeting held on 17.09.2021 with effect from 1st day of October, 2021 wide Notification No. 06/2021- Central Tax (Rate) dt. 30th September, 2021.

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CA Altamush Zafar

CA Altamush Zafar (Expert)
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01 October 2021 Yes there has been changed in rates of both goods and services. Kindly vist the cbic site to see the details.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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01 October 2021 Yes, agreed with CA A Zafar, rates of 26 goods item have also been changed vide Notification No. 08/2021 Central Tax (Rate) dated September 30, 2021; in order to adhere to the recommendations of 45th GST Council meeting held on September 17, 2021.

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