New GST Rates Applicable From Today

At the meeting held recently in Guwahati, the GST Council has recommended major relief in GST rates on certain goods and services. These recommendations spread across many sectors and across commodities.As per these recommendations, the list of 28% GST rated goods is recommended to be pruned substantially, from 224 tariff headings [about 18.5% of total tariff headings at 4-digit] to only 50 tariff headings, including 4 headings which have been partially reduced to 18% [about 4% of total tariff headings at 4-digit]. The new rates are applicable from Today.The major recommendations of the council are summarised below:Goods on which the council has recommended reduction in GST rate from 28% to 18% include: Wire, cables, insulated conductors, electrical insulators, electrical plugs, switches, sockets, fuses, relays, electrical connectors Electrical boards, panels, consoles, cabinets etc for electric control or distribution Particle/fibre boards and ply wood. Article of wood, wooden frame, paving block Furniture, mattress, bedding and similar furnishing Trunk, suitcase, vanity cases, brief cases, travelling bags and other hand bags, cases Detergents, washing and cleaning preparations Liquid or cream for washing the skin Shampoos; Hair cream, Hair dyes (natural, herbal or synthetic) and similar other goods; henna powder or paste, not mixed with any other ingredient; Pre-shave, shaving or after-shave preparations, personal deodorants, bath preparations, perfumery, cosmetic or toilet preparations, room deodorisers Perfumes and toilet water Beauty or make-up preparations Fans, pumps, compressors Lamp and light fitting Primary cell and primary batteries Sanitary ware and parts thereof of all kind Articles of plastic, floor covering, baths, shower, sinks, washbasins, seats, sanitary ware of plastic Slabs of marbles and granite Goods of marble and granite such as tiles Ceramic tiles of all kinds Miscellaneous articles such as vacuum flasks, lighters, Wrist watches, clocks, watch movement, watch cases, straps, parts Article of apparel & clothing accessories of leather, guts, fur skin, artificial fur and other articles such as saddlery and harness for any animal Articles of cutlery, stoves, cookers and similar non-electric domestic appliances Razor and razor blades Multi-functional printers, cartridges Office or desk equipment Door, windows and frames of aluminium. Articles of plaster such as board, sheet, Articles of cement or concrete or stone and artificial stone, Articles of asphalt or slate, Articles of mica Ceramic flooring blocks, pipes, conduit, pipe fitting Wall paper and wall covering Glass of all kinds and articles thereof such as mirror, safety glass, sheets, glassware Electrical, electronic weighing machinery Fire extinguishers and fire extinguishing charge Fork lifts, lifting and handling equipment, Bull dozers, excavators, loaders, road rollers, Earth moving and levelling machinery, Escalators, Cooling towers, pressure vessels, reactors Crankshaft for sewing machine, tailor’s dummies, bearing housings, gears and gearing; ball or roller screws; gaskets Electrical apparatus for radio and television broadcasting Sound recording or reproducing apparatus Signalling, safety or traffic control equipment for transports Physical exercise equipment, festival and carnival equipment, swings, shooting galleries, roundabouts, gymnastic and athletic equipment All musical instruments and their parts Artificial flowers, foliage and artificial fruits Explosive, anti-knocking preparation, fireworks Cocoa butter, fat, oil powder, Extract, essence ad concentrates of coffee, miscellaneous food preparations Chocolates, Chewing gum / bubble gum Malt extract and food preparations of flour, groats, meal, starch or malt extract Waffles and wafers coated with chocolate or containing chocolate Rubber tubes and miscellaneous articles of rubber Goggles, binoculars, telescope, Cinematographic cameras and projectors, image projector, Microscope, specified laboratory equipment, specified scientific equipment such as for meteorology, hydrology, oceanography, geology Solvent, thinners, hydraulic fluids, anti-freezing preparationGoods on which the Council has recommended reduction in GST rate from 28% to 12%: Wet grinders consisting of stone as grinder Tanks and other armoured fighting vehiclesGoods on which GST rate reduction has been recommended from 18% to 12%: Condensed milk Refined sugar and sugar cubes Pasta Curry paste, mayonnaise and salad dressings, mixed condiments and mixed seasoning Diabetic food Medicinal grade oxygen Printing ink Hand bags and shopping bags of jute and cotton Hats (knitted or crocheted) Parts of specified agricultural, horticultural, forestry, harvesting or threshing machinery Specified parts of sewing machine Spectacles frames Furniture wholly made of bamboo or cane Goods on which GST rate reduction has been recommended from 18% to 5%: Puffed rice chikki, peanut chikki, sesame chikki, revdi, tilrevdi, khaza,...

New GST Rates Applicable From Today

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