GST Council took the decisions relating to changes in GST rates on supply of goods and services:-
1. Calibrating the GST rate structure to correct the inverted duty structure on various items like Mobile phones, Footwear, Textiles and Fertilizers
2. GST rate on all types of matches (Handmade and other than Handmade) has been rationalized to 12%
3. To reduce GST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircraft from 18% to 5% with full ITC and to change the place of supply for B2B MRO services to the location of recipient.
Source: a2ztaxcorp.com
