<p><span>In March 2023, the Ministry of Finance, Government of India, issued Circular No. 191/03/2023-GST. This circular addresses the GST rate and classification of 'Rab', based on the recommendations made during the GST Council's 49th meeting held on 18th February 2023.</span></p><p><span><strong>Key Highlights:</strong></span></p><ol start="1"><li><span><strong>GST Rate on Rab:</strong> With effect from 1st March 2023, Rab sold in pre-packaged and labelled form will attract a 5% GST rate. Rab sold in other forms will attract a Nil GST rate.</span></li><li><span><strong>Past Period Clarification:</strong> Given the prevailing divergent interpretations and genuine doubts regarding the applicability of GST rate on Rab, the issue for the past period is regularized on an "as is" basis.</span></li><li><span><strong>Implementation Support:</strong> Any difficulties in the implementation of this circular can be brought to the notice of the Board.</span></li></ol><p><span>This circular is significant for clarifying the GST treatment of Rab and ensuring uniformity in tax administration.</span> <a href="https://cms.plasament.com/storage/cir-191-03-2023-cgst.pdf">cir-191-03-2023-cgst</a><br> </p>