Historical Rates Reform in GST 2.0 – 2nd Edition

Description

PART – A GLANCE

CHAPTER B1

EXEMPTIONS IN THE GST – GOODS– EFFECTIVE FROM 22 SEPTEMBER 2025

• I Notification No. 10/2025-Central Tax (Rate), dated 17 Sept. 2025 effective from 22 Sept. 2025 B1-2
• II Explanations & Annexures in Notification No. 10/2025-Central Tax (Rate), dated 17 Sept. 2025 effective from 22 Sept. 2025 B1-16
• III Notification No. 7/2017-CT (Rate), dated 28 June 2017 and No. 7/2017-IT (Rate), dated 28 June 2017– CSD supplies – Exempt B1-22
• IV Notification No. 26/2017-CT (Rate), dated 21 Sept. 2017 and No. 26/2017-IT (Rate), dated 21 Sept. 2017– NPCIL – Exempt B1-22
• V Notification No. 30/2017- IT (Rate), dated 22 September 2017- Exempt B1-22
• VI Notification No. 26/2018 – CT (Rate), dated 31 December 2018; 27/2018 – IT (Rate), dated 31 December 2018- Exempt B1-23
• VII Notification No. 11/2019- IT (Rate), dated 29 June 2019 w.e.f. 01 July 2019- Exempt B1-23
• VIII Notification No. 19/2019 – Customs, dated 06 July 2019; as amended from time to time including N. No. 37/2025 – Customs, dated 17 Sept. 2025 effective from 22Sept 2025 – Exempt B1-23
• IX Notification No. 19/2019 – CT (Rate), dated 30 Sept. 2019 and No. 18/2019- IT (Rate), dated 30 Sept. 2019; both w.e.f. 01 Oct. 2019- Exempt B1-24

CHAPTER B2

GST RATES ON GOODS – EFFECTIVE FROM 22 SEPTEMBER 2025

• I Notification No. 9/2025-Central Tax (Rate), dated 17 Sept. 2025 B2-3
  I-1 Schedule – I – 5% B2-3
  I-2 Schedule – II – 18% B2-55
  I-3 Schedule – III – 40% B2-127
  I-4 Schedule – IV – 3% B2-129
  I-5 Schedule – V – 0.25% B2-131
  I-6 Schedule – VI – 1.5% B2-132
  I-7 Schedule – VII – 28% B2-133
• II Explanations – Notification No. 9/2025, dated 17Sept. 2025 w.e.f. 22 Sept. 2025 B2-133
• III Notification No. 3/2017 [G.S.R. 675(E) dated 28th June, 2017] Notifying 2.5% concessional CGST rate for supplies to petroleum operations undertaken under exploration license/ mining lease B2-134
• IV Notification No. 50/2017-Customs, dated 30 June 2017; as amended from time to time; including N. No. 36/2025 – Customs, dated 17 July 2025 effective from 22 September 2025 B2-137
• V Notification No. 37/2017-Central Tax (Rate) dated 13 Oct. 2017 B2-137
• VI Notification No. 39/2017-Central Tax (Rate) dated 18 Oct. 2017, as amended from time to time B2-139
• VII Notification No. 40/2017-Central Tax (Rate) dated 23 Oct. 2017 B2-140
• VIII Notification No. 8/2018-Central Tax (Rate) dated 25 January 2018, as amended from time to time B2-141
• IX Notification No. 21/2018-CT (R) dated 26 July 2018,w.e.f. 27 July 2018, as substituted vide N. No. 13/2025-CT(R), dated 17.09.2025, w.e.f. 22.09.2025 B2-142
• X Notification No. 02/2022-Central Tax (Rate) dated 31 March 2022 B2-145

CHAPTER B3
EXEMPTIONS IN THE GST – SERVICES – AS ON 22 SEPTEMBER 2025

• (A) Notification No. 09/2017-Integrated Tax (Rate), dated 28 June 2017 as amended from time to time [Other than those covered in Part (B) of this Chapter] B3-2
• (B) Notification No. 12/2017-Central Tax (Rate), dated 28 June 2017; No. 9/2017-Integrated Tax (Rate), dated 28 June 2017 as amended from time to time B3-5
• (C) Notification No. 11/2017- Central Tax (Rate) dated 28 June 2017; No. 8/2017-Integrated Tax (Rate), dated 28 June 2017 B3-34
• (D) Notification No. 5/2018-CT (Rate), dated 25 January 2018; No. 5/2018- IT (Rate), dated 25 January 2018 B3-35
• (E) Notification No. 6/2018- IT (Rate), dated 25 January 2018 B3-35
• (F) Explanations and definition), dated 28 June 2017-Relating to the services

CHAPTER B4
GST RATES ON SERVICES – AS ON 22 SEPTEMBER 2025

• Notification No. 11/2017-Central Tax (Rate) andNo. 8/2017-Integrated Tax (Rate), both dated 28 June ns given in the Notification
• No. 12/2017–Central Tax (Rat2017 as amended from time to time B4-1

CHAPTER B5
GST RATES OF COMPENSATION CESS– AS ON 22 SEPTEMBER 2025

– A. GOODS B5-2

• (A.1) Notification No. 1/2017-Compensation Cess (Rate) dated 28 June 2017 as amended from time to time B5-2
• (A.2) Notification No. 4/2017-Compensation Cess (Rate) dated 20 July 2017 B5-11
• (A.3) Notification No. 7/2017-Compensation Cess (Rate)dated 13 October 2017 B5-11
• (A.4) Notification No. 1/2019-Compensation Cess (Rate) dated 29 June, 2019 B5-12
• (A.5) Notification No. 1/2024-Compensation Cess (Rate) dated 12 July, 2024 B5-12
• (A.6) Notification No. 1/2025-Compensation Cess (Rate) dated 16 January, 2025 B5-13

– B. SERVICES B5-14

• (B.1) Notification No. 2/2017-Compensation Cess (Rate) dated 28 June 2017 as amended from time to time B5-14