<p><span>In October 2024, the Ministry of Finance, Government of India, issued Circular No. 235/29/2024-GST. This circular provides clarifications regarding GST rates and classification of certain goods based on the recommendations from the GST Council's 54th meeting held on 9th September 2024.</span></p><p><span><strong>Key Highlights:</strong></span></p><ol start="1"><li><span><strong>Extruded/Expanded Savoury Food Products:</strong> Clarified the GST rate of 12% for extruded or expanded savoury or salted food products falling under HS 1905 90 30, while un-fried or un-cooked snack pellets continue to attract a GST rate of 5%.</span></li><li><span><strong>RMPU Air Conditioning Machines for Railways:</strong> Confirmed classification under HS 8415, attracting a GST rate of 28%.</span></li><li><span><strong>Car and Motorcycle Seats:</strong> Clarified that seats for two-wheelers fall under HS 8714 with a GST rate of 28%, while seats for four-wheelers fall under HS 9401 with a GST rate of 18% prospectively from 10th October 2024.</span></li></ol><p><span>This circular aims to ensure uniformity in GST rate classification and address concerns from the industry.</span> <a href="https://cms.plasament.com/storage/cir-cgst-235-2024.pdf">cir-cgst-235-2024</a><br> </p>