NextGen GST Reforms with Tariff, HSNs, Rates, Exemptions

Description

About NetxGen GST Reforms with Tariff, HSNs, Rates, Exemptions

Division 1

• Referencer 1 Definitions of various terms
• Referencer 2 Updated Appeal and Revision Forms
• Referencer 3 List of Latest Notifications, Circulars, FAQs, Press Releases, etc.
• Referencer 4 Comparison of Schedules under Goods Rate Notifications
• Referencer 5 Amended Rates of Tax on Services & ITC Eligibility (Full, Restricted, or Nil) – Effective from 22.09.2025

Division 2

Practice and Procedure

Chapter 1 Rate of Tax and Related Issues including ITC

Chapter 2 Specified Provisions of Finance Act, 2024 made applicable with effect from 01.10.2025

Chapter 3 CGST (Third Amendment) Rules, 2025

Chapter 4 Other Miscellaneous Provisions

Chapter 5 Changes recommended by GST Council but not yet Implemented

Division 3

Exempted Goods and GST Rates on Goods

Part A Exempted goods under GST Acts namely CGST Act, IGST Act and respective SGST Acts w.e.f. 22.09.2025

Part B Exempted goods under GST Acts namely CGST Act, IGST Act and respective SGST Acts from 01.07.2017 to 21.09.2025

Part C Exempted goods under IGST Act Only w.e.f. 01.07.2017 till 21.09.2025

Part D Exemption from Compensation Cess on Supply of Goods

Part E Compensation Cess rates on supply of specified goods with effect from 01.07.2017

Part F CGST Rates of Goods with HSN Codes w.e.f. 22.09.2025

Part G CGST Rates of Goods with HSN Codes w.e.f. 01.07.2017 till 21.09.2025

 

Division 4

Exempted Services and GST Rates on Services

Part A Exempted Services under CGST, IGST and SGST Acts w.e.f. 01.07.2017 (As amended w.e.f. 22.09.2025)

Part B Exempted services under IGST Act only w.e.f. 01.07.2017

Part C CGST rates of services with accounting codes w.e.f. 01.07.2017 (As amended w.e.f. 22.09.2025)

Part D Scheme of Classification of Services

Part E Compensation Cess Rates on Services w.e.f. 01.07.2017

 

Division 5

Notifications/Circulars/Orders/FAQs, etc.

Part A Central Goods and Services Tax Notifications

Part B Central Tax (Rate) Notifications

Part C Integrated Goods and Services Tax (Rate) Notifications

Part D GST Compensation Cess (Rate) Notifications

Part E Ministry of Finance Notifications Related to Appeals before GSTAT

Part F GST Circulars

Part G Circular of Ministry of Consumer Affairs, Food and Public Distribution

Part H Circular of Ministry of Finance, Department of Revenue (Tax Research Unit)

Part I Office Memorandum of Ministry of Chemicals & Fertilizers

Part J Orders of Directorate General of Health Services

Part K GST Press Releases

Part L Frequently Asked Questions (FAQs)

 

LIST OF ACRONYMS

1. BR – Butadiene Rubber
2. CCTV – Closed-Circuit Television
3. DMO – De-Mentholised Oil
4. DTMO – De-Terpenated Mentha Oil
5. EPDM – Ethylene-Propylene-Non- Conjugated Diene Rubber
6. FRK – Fortified Rice Kernel
7. GRG – Glass-fibre Reinforced Gypsum Board
8. IIR – Isobutene-isoprene (butyl) rubber
9. KVIC – Khadi and Village Industries Commission
10. LD Slag – Linz-Donawitz Slag
11. LED – Light-Emitting Diodes
12. LPG – Liquefied Petroleum Gases
13. NDEC – Non-Domestic Exempted Category
14. UHT Milk – Ultra-High Temperature Milk
15. WOEG – Wind Operated Electricity Generator