GST Rate of 18% notified on spirit for industrial use

The Central Board of Indirect Taxes and Customs (CBIC) has notified that the GST Rate of 18% levied on spirit for industrial use via issuing a Notification.

The Notification State:

In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No.1/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28th June, 2017, namely:

In the said notification, –

(A) in Schedule I – 2.5%, –

(i) after S. No. 92 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:

(ii) after S. No. 96 and the entries relating thereto, the following S. No. and entries shall be inserted, namely

(B) in Schedule III – 9%,

(i) against S. No. 13, in column (3), for the words and figures “of heading 1905”, the words and figures “of heading 1905; food preparation of millet flour, in powder form, containing at least 70% millets by weight, pre-packaged and labelled ” shall be substituted;

(ii) after S. No. 25 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: –

(C) in Schedule IV – 14%, S. No. 1 and the entries relating thereto shall be omitted.

2. This notification shall come into force with effect from the 20th day of October, 2023.

For Official Notification Download PDF Given Below: