Madhya Pradesh Revises SGST Act: Tax Rate Changes for Food, Machinery, Electronics Effective January 2022.

The Madhya Pradesh State Government has issued amendments to its notification regarding the State Goods and Services Tax (SGST) Act, 2017, effective January 1, 2022. These amendments involve changes to various schedules, including modifications to tax rates and classifications for numerous goods. Adjustments include the reclassification of certain food products, animal and microbial fats, ores, machinery, and electronic devices. Additionally, new entries have been added, and some existing entries have been omitted or substituted. The changes are made under the authority of sections 9(1) and 15(5) of the Madhya Pradesh GST Act, based on recommendations from the GST Council.

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