CBIC issues GST notifications to implement changes in rate of goods & services as recommended by GST Council

Notification No.06/2021-Central Tax (Rate) to Notification No. 12/2021-Central Tax (Rate) Dated September 30th, 2021

The CBIC has issued several notifications to amend the rate of tax on several goods and services. These notifications shall be effective from October 1st, 2021. Various exemptions have also been provided such as services by way of right to admission to the events organised under AFC Women’s Asia Cup 2022, services provided by and to Asian Football Confederation (AFC) and its subsidiaries directly or indirectly related to any of the events under AFC Women’s Asia Cup 2022, services by way of grant of National Permit to goods carriage on payment of fee etc.

These changes were recommended by GST Council in its 45th Meeting held on September 17th, 2021. The research and advisory team of Taxmann has analysed all those recommendations made by GST Council in its 45th meeting. This analysis has segregated the entire recommendations sector wise and discussed all the recommendations and proposed changes related to GST laws.

Click Here To Read The Full Notification