Notification No. 01/2026- Central Tax (Rate), Dated 30-04-2026
The Government has amended Notification No. 9/2025–Central Tax (Rate) to align GST tariff entries with the revised HSN classification introduced under the Finance Act, 2026 for goods under Heading 2202 (beverages).
1. Key Amendment
Tariff entries have been updated to:
- Reflect revised HSN codes
- Ensure accurate classification of beverage products
2. Changes in GST Schedules
Consequential amendments have been made in:
- Schedule I (2.5% GST)
- Schedule III (20% GST)
Objective:
- Correctly map updated HSN codes across different categories of beverages
3. Purpose of the Amendment
The changes aim to:
- Ensure consistency between GST rates and Customs Tariff classification
- Eliminate classification ambiguities
- Facilitate accurate tax application and compliance
4. Effective Date
- The amended provisions come into force from 01 May 2026
5. Conclusion
The amendment ensures that GST rate schedules remain synchronised with updated HSN classifications, enabling clearer tax treatment and smoother compliance for businesses dealing in beverage products.
