The CBIC on 2nd June 2021 has notified the reduction in the rates of the followng from 12% to 5%.
a. HSN 9503 – Toys ballon made of Natural latex by insertion in the S.No. 259 A of Schedule 1 of Notification No. 01/2017-Central Tax (Rate)
b. Reduction of GST rate from 12% to 5% of Diethylcarbamazine
The rate changes shall be effective from 2nd June 2021 onwards
To view and download the Notification click here
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