CBEC releases Rates Schedule for 26 Chapters, amendments to earlier rates & IGST exemptions

CBEC releases GST Rates Schedule for 26 Chapters pursuant to GST Council meeting yesterday; These goods include inter alia edible vegetables, cereals, products of milling industry, beedis, yarn, cotton, fabrics, footwear, gold & precious stones and jewellery thereof; Prescribes 50% concession from applicable GST rate on supplies to Canteen Stores Dept. (with no concession from Compensation Cess) which will be refunded to CSD, while exempting supplies made by CSD to Unit R...