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New GST Rate of FRK and New definition of pre-packaged and labelled Notification No. 01/2025-Central Tax (Rate)

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Date: January 16, 2025
Issued By: Ministry of Finance, Department of Revenue
Effective Date: Immediate

The Central Government, exercising its powers under sub-section (1) of Section 9 and sub-section (5) of Section 15 of the Central Goods and Services Tax Act, 2017, has introduced significant amendments to Notification No. 1/2017-Central Tax (Rate). These amendments aim to address public interest needs and incorporate the latest recommendations from the GST Council.


Key Amendments

Changes in Schedule I (2.5% GST Rate)

  • Insertion of New Entry (S. No. 98B):
    A new entry has been added to Schedule I, which includes the following:
    • HSN Code: 1904
    • Description: Fortified Rice Kernel (FRK)

This inclusion ensures a reduced GST rate of 2.5% for Fortified Rice Kernel, aligning with the governments objective to promote nutritional enhancement initiatives.


Changes in Schedule III (9% GST Rate)

  • Modification of Existing Entry (S. No. 15):
    • Amendment: The description for S. No. 15 in Schedule III has been updated.
    • Original Description: “commonly known as Murki”
    • Revised Description: “commonly known as Murki, Fortified Rice Kernel (FRK)”

Revision of Explanation (Clause ii), ScheduleVII

  • Amendment to Definition of ‘Pre-packaged and Labelled’:
    The expression ‘pre-packaged and labelled’ means all commodities that are intended for retail sale and containing not more than 25 kg or 25 litre, which are‘ pre-packed’ as defined in clause (l) of section 2 of the Legal Metrology Act, 2009 (1 of 2010) where, the package in which the commodity is pre-packed or a label securely affixed thereto is required to bear the declarations under the provisions of the Legal Metrology Act, 2009 (1 of 2010) and the rules made thereunder.”

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Pooja Gupta

CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience.
Educator and Digital Creator

Categories Articles, GSTTags ca guru ji, ca guru ji classes, gst, gst updates, income tax, income tax return, ITR, tax, tax updates, updates

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Pooja Gupta

CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience.
Educator and Digital Creator

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