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).