Announcement from GST Council

05 Jul, 2022

Very Important Announcement - GST

(Rice Millers / Pules / Graining Milling / Cereals)

Implication / Effect – Adverse for Millers

GST Council has decided to increase GST Tariff from 5% to 18% vide their 47th Meeting held on 28th & 29th June 2022 released / published in the form of Press Release. The relevant details are as under :-

Sl No Machinery Description Present GST Tariff Proposed GST Tariff
01 Machines for Clearing, Sorting or Grading, Seed, Grain Pulses; Machinery used in Milling Industry or for the working of cereals etc; Pawan Chakki that is Air Based Atta Chakki; Wet Grinder; 5% 18%(w.e.f. 18-07-2022)

This Notification will be effective from 18-07-2022.

We suggest you to purchase the machinery before 18-07-2022 or upto 17-07-2022. Ask your Supplier / Seller to raise GST Invoice.

For further clarity in this regard you can reach to our following Subject Matter Experts (SME).

https://www.kireeticonsultants.com