Notification No 02/2025-CTR
The Government has issued Notification No 02/2025-CTR dated 16-01-2025. This Notification are effective immediately from the date this notification was issued. it means it is effective from 16-01-2025.
On the Recommendation of 55th GST Council Government has decided to amend the Notification No 02/2017 -Central Tax (Rate) with following Changes.
1.Granting Exemption on Gene Therapy.
Sr No | HSN | Description of Goods | GST Rate |
105A | 30 | Gene Therapy | Exempt |
2. To amend the Definition of Pre-packaged and Labelled with following ( in the explanation for clause (ii) and the proviso appended to it , the following clause shall be substituted) :
The expression ‘pre-packaged and labelled ’ means all commodities that are intended for retail sale and containing not more than 25 kg or 25 litre, which are ‘pre-packed’ as defined in clause (l) of section 2 of the Legal Metrology Act, 2009 (1 of 2010) where, the package in which the commodity is pre-packed or a label securely affixed thereto is required to bear the declarations under the provisions of the Legal Metrology Act, 2009 (1 of 2010) and the rules made thereunder.”