CBIC notifies rate changes of Cancer Medicines, Namkeens, Car Seats following 54th GST Council recommendations

CBIC issues Central Tax, Integrated Tax, and Union Territory Tax notifications to notify GST rate changes in respect of certain cancer medicines (5%), Namkeens and extruded/expanded savoury food products (12%), and car seats (28%) pursuant to recommendations of 54th GST Council Meeting; Also, notifies the introduction of reverse charge mechanism (RCM) on supply of metal scrap by unregistered to registered person; Clarifies that 18% GST will be levied on ‘un-fried or un-cooked snack pellets, by whatever name called, manufactured through process of extrusion, extruded or expanded products, savoury or salted’; Apprises that these changes will be effective from October 10, 2024