Advertisement

ITAT Deletes Addition of Unexplained Cash Deposits Due to Change in Sales Pattern

ITAT Deletes Addition of Unexplained Cash Deposits Due to Change in Sales Pattern The ITAT in one of its recent rulings deleted the addition of...
HomeTaxationGSTRevised GST Rates: Ministry of Finance Announces New GST Slabs for Intra-State...

Revised GST Rates: Ministry of Finance Announces New GST Slabs for Intra-State Supplies

Revised GST Rates: Ministry of Finance Announces New GST Slabs for Intra-State Supplies

The Ministry of Finance has released a notification (NO. 9/2025-Central Tax (Rate) dated 17th September, 2025), replacing its earlier notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 01/2017-Central Tax (Rate) dated 28th June, 2017. This notification includes a list of goods and their relevant headings/ Chapter/ Sub-heading/ Tariff item. The different goods will be taxed at different rates, depending on which schedule they fall under. The notified GST rates are as follows:

  • 2.5% for goods in Schedule I
  • 9% for goods in Schedule II
  • 20% for goods in Schedule III
  • 1.5% for goods in Schedule IV
  • 0.125% for goods in Schedule V
  • 0.75% for goods in Schedule VI
  • 14% for goods in Schedule VII

As per the notification, these changes are applicable to the intra-State supplies of goods. The goods covered under each tax rate are listed in Schedules I to VII of the notification, along with their HSN codes.

Refer to the official notification for more information.

Download Notification

Nidhi
Nidhi
Nidhi is a Bachelor of Commerce student from Delhi University. As a content writer at Finvestment, I specialize in crafting insightful and engaging financial content Related to Mutual Funds, Stocks, Personal Tax, Insurance Etc...