Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 24/2018- Central Tax (Rate) to Notification No. 30/2018- Central Tax (Rate) dated 31st December, 2018 and Notification No. 25/2018-Integrated Tax (Rate) to Notification No. 31/2018-Integrated Tax (Rate) dated 31st December, 2018 to notify the rate changes recommended in the 31st GST Council meeting.
The brief of the Central/ Integrated Rate Notifications is given in the below table :
| Notification No. | Date | Particulars |
| 24/2018- Central Tax (Rate) | 31/12/2018 | Seeks to amend Notification No. 01/2017-Central Tax (Rate) so as to notify CGST rates of various goods to give effect to GST Council decisions regarding GST rates changes |
| 25/2018- Central Tax (Rate) | 31/12/2018 | Seeks to amend Notification No. 02/2017-Central Tax (Rate) so as to exempt certain goods to give effect to GST Council decisions regarding GST rates changes |
| 26/2018- Central Tax (Rate) | 31/12/2018 | Seeks to exempt central tax on supply of gold by nominated agencies to registered persons. |
| 27/2018- Central Tax (Rate) | 31/12/2018 | Seeks to amend Notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services to give effect to GST Council decisions regarding GST rates changes |
| 28/2018- Central Tax (Rate) | 31/12/2018 | Seeks to amend Notification No. 12/2017- Central Tax (Rate) so as to exempt certain services to give effect to GST Council decisions regarding GST rates changes |
| 29/2018- Central Tax (Rate) | 31/12/2018 | Seeks to amend Notification No. 13/2017- Central Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by the GST Council |
| 30/2018- Central Tax (Rate) | 31/12/2018 | Seeks to insert explanation in an item in Notification No. 11/2017 – Central Tax (Rate) to give effect to GST Council decisions regarding GST rates changes |
| 25/2018- Integrated Tax (Rate) | 31/12/2018 | Seeks to amend Notification 01/2017-Integrated Tax (Rate) so as to notify IGST rates of various goods to give effect to GST Council decisions regarding GST rates changes |
| 26/2018- Integrated Tax (Rate) | 31/12/2018 | Seeks to amend Notification 02/2017-Integrated Tax (Rate) so as to exempt certain goods to give effect to GST Council decisions regarding GST rates changes |
| 27/2018- Integrated Tax (Rate) | 31/12/2018 | Seeks to exempt integrated tax on supply of gold by nominated agencies to registered persons |
| 28/2018- Integrated Tax (Rate) | 31/12/2018 | Seeks to amend notification No. 8/2017- Integrated Tax (Rate) so as to notify IGST rates of various services to give effect to GST Council decisions regarding GST rates changes |
| 29/2018- Integrated Tax (Rate) | 31/12/2018 | Seeks to amend notification No. 9/2017- Integrated Tax (Rate) so as to exempt certain services to give effect to GST Council decisions regarding GST rates changes |
| 30/2018- Integrated Tax (Rate) | 31/12/2018 | Seeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by the GST Council |
| 31/2018- Integrated Tax (Rate) | 31/12/2018 | Seeks to insert explanation in an item in Notification No. 8/2017 – Integrated Tax (Rate) to give effect to GST Council decisions regarding GST rates changes |
All these rate changes has come into force from 1st day of January, 2019.
For further details, please refer the attached notifications.
Source: Central Board of Indirect Taxes & Customs
