47th meeting of "GST Council". // key decisions

Hello everyone.
The 47th GST Council meeting occurred at Chandigarh on the 28th and 29th of June 2022. Key decisions were made on GST rate rationalisation, facilitation of trade, and ease of GST compliance for businesses. GST rate clarifications on goods:- 1- Taxpayers are eligible for a concessional 5% GST rate on electric vehicles irrespective of it being fitted with a battery pack. 2 - Since April 2022, as per the CBIC notification, the GST rates for fly ash bricks, and blocks for buildings, including roofing tiles (whether or not having a fly ash content of 90% or more), is increased from 5% to 12% with ITC availability (6% without ITC). The clarification further provides that 90% fly ash content in fly ash bricks is applicable only to fly ash aggregate and not for fly ash bricks. Therefore, the condition of 90% content is being removed. 3 - Napa stones and other stones covered in Sl. No.123 of Schedule-I of GST rates attracts a 5% concessional GST rate. 4 - A 12% GST rate is to be levied on all forms of mango under CTH 0804, mango pulp, except sliced and dried mangoes. Raw or fresh mangoes continue to be exempted under the GST law. 5 - Sewage-treated water is not the same as purified water provided in Sl. No. 99 of the CGST Rate notification 2/2017. Hence, it is exempted from GST. 6 - A GST rate of 18% shall be charged on the Nicotine Polarilex Gum used for de-addiction in the health industry. 7 - GST rates on the sale of ice cream by the ice cream parlours, GST charged at 5% without ITC between 1st July 2017 and 5th October 2021 will be regularised to avoid unwarranted litigation. 8 - The application fee collected by universities for issuing eligibility certificates for entrance or admission, including migration certificates, is exempt from GST. 9 - The sale of space for advertisement in souvenirs in books is chargeable to a 5% concessional GST rate. 10 - Time-based renting of the vehicle with an operator for goods transportation must be charged at 18%. 11 - GST exemption is available for Assisted Reproductive Technology (ART)/ In vitro fertilization (IVF) services as a health care service.
Thankyou everyone.
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