The CBIC has issued certain notifications on 13th July, 2022 to give effect to the recommendation as discussed by the GST Council in its 47th GST Council meeting held on 28th and 29th June, 2022.
These notifications are issued to give effect to the decisions taken in the meeting in respect to the GST:
1. Changes in rate of goods and services to rationalize Inverted Duty Structure
2. Changes in rate of Goods
3. Changes in rate of Services
4. Inverted duty structure: Non-eligibility on Edible oils and Coal
5. Clarification in relation to GST rates
6. Reverse Charge Mechanism
The Notifications are summarized in the tabular form as under:
| Serial No. | Particulars | w.e.f | Notification No. |
| 1. |
Fly ash bricks to attract same concessional rate irrespective of fly ash content and to omit the condition of 90% or more fly ash content. |
18th July, 2022 | 15/2022-CT |
| 16/2022-CT | |||
| 03/2022-UT | |||
| 04/2022-UT | |||
| 10/2022-CT(Rate) | |||
| 10/2022-IT(Rate) | |||
| 10/2022-UT(Rate) | |||
| 2. |
Withdrawal of exemption on certain specified food items, grains, etc. when not branded, or right on the brand has been forgone. |
18th July, 2022 | 07/2022-CT(Rate) |
| 06/2022-CT(Rate) | |||
| 07/2022-IT(Rate) | |||
| 06/2022-IT(Rate) | |||
| 07/2022-UT(Rate) | |||
| 06/2022-UT(Rate) | |||
| 3. |
a) Goods transport agency (GTA) is being given option to pay GST at 5% or 12% under forward charge; option to be exercised at the beginning of Financial Year. RCM option to continue. b) All taxable service of Department of Posts would be subject to forward charge. c) Withdrawn exemption on services of Renting of residential dwelling to business entities (registered persons). |
18th July, 2022 | 05/2022-CT(Rate)
|
| 05/2022-IT(Rate)
|
|||
| 05/2022-UT(Rate) | |||
| 4.
|
No Refund of accumulated unutilized credit on account of inverted duty structure in case supply of following items a) Edible Oils b) Coal |
18th July, 2022 | 09/2022-CT(Rate) |
| 09/2022-IT(Rate) | |||
| 09/2022-UT(Rate) | |||
| 5. |
Withdrawal of Concessional GST rate of 5% on supply Scientific and technical instruments to public funded research institutes, departments and laboratories of the Central and State government, cancer institute and research institution, other than a hospital. |
18th July, 2022 | 11/2022-CT(Rate) |
| 11/2022-IT(Rate) | |||
| 11/2022-UT(Rate) | |||
| 6. |
GST rate from 5% to 12% for goods supplied for Petroleum/ Coal bed methane operations |
18th July, 2022 | 08/2022-CT(Rate) |
| 08/2022-IT(Rate) | |||
| 08/2022-UT(Rate) | |||
| 7. |
Change in GST rate of certain services and withdrawal of GST exemption on certain services |
18th July, 2022 | 03/2022-CT(Rate) |
| 03/2022-IT(Rate) | |||
| 03/2022-UT(Rate) | |||
| 04/2022-CT(Rate) | |||
| 04/2022-IT(Rate) | |||
| 04/2022-UT(Rate) |
