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List-of-Revised-GST-Tax-Rates

 

List of Revised GST Tax Rates

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The GST council in 28th meeting held on 21st July 2018, the Government has reduced the GST rates on various goods and services, applicable w.e.f. 27th July 2018, and simplified the GST return filing mechanism, the revised rates are as under-

A. Category of Items previously falling under 28%

A1. Rates reduced from 28% to 18%-

Items Head

List of Items

Previous Rates

Revised Rates

Paint etc.

  • Paints,
  • Varnishes
  • Enamels & Lacquers
  • Glaziers
  • Putty,
  • Grafting putty
  • Resin cements

 

28%

18%

Electrical Items

  • Refrigerators, Water cooler,
  • Milk coolers,
  • Ice cream freezer
  • Washing machines.
  • Lithium-ion batteries
  • Vacuum cleaners Food grinders
  • Mixers
  • Food or vegetable juice extractor
  • Shaver
  • Hair clippers
  • Storage water heaters
  • Immersion heaters hair dryers
  • Hand dryers
  • Electric smoothing Irons
  • Televisions up to the size of 68 cm

28%

18%

Automobiles

  • Crane lorries
  • Fire fighting vehicle
  • Concrete mixer lorries
  • Spraying lorries
  • Works trucks used in factories,  warehouses, dock areas or airports
  • Trailers
  • Semi-trailers

28%

18%

Consumer Goods

  • Scent sprays
  • Toilet sprays
  • Powder-puffs
  • Pads for the application of  cosmetics  Toilet preparations

 

28%

18%

A2. Rates reduced from 28% to 12%-

Items Head

List of Items

Previous Rates

Revised Rates

Automobiles

  • Fuel Cell Vehicles

28%

12%

 

B. Category of items previously falling under 18%

B1. Rates reduced from 18% to 12%-

Items Head

List of Items

Previous Rates

Revised Rates

Handcrafted Items

  • Handbags
  • Pouches
  • Purses
  • Jewellery box
  • Wooden frames for painting
  • Photographs
  • Mirrors
  • Art ware of cork
  • Articles of sholapith
  • Stone art ware
  • Stone inlay work
  • Ornamental framed mirrors
  • Glass statues [other than of crystal]
  • Glass art ware [pots, jars, votive,   cask, cake cover, tulip bottle, vase]
  • Art ware of iron
  • Art ware of brass
  • Art ware of copper
  • Art ware of copper alloys
  • Art ware of nickel/silver
  • Aluminum art ware
  • Handcrafted lamps (panchloga lamp
  • Vegetable or mineral carving
  • Articles of wax, stearin,natural gums
  • Articles of natural resins
  • Articles of modelling pastes,
  • Articles of lac, shellac
  • Ganjifa card

18%

12%

Construction Items

  • Bamboo Flooring

18%

12%

Oils etc.

  • Brass Kerosene Pressure Stove

18%

12%

Small Machines

  • Hand Operated Rubber Roller

18%

12%

Tailoring items

  • Zip and Slide Fasteners

18%

12%

B2. Rates reduced from 18% to 5%-

Items Head

List of Items

Previous Rates

Revised Rates

Oils etc.

  • Ethanol for sale to Oil Marketing   Companies for blending with fuel

18%

5%

Agricultural items

  • Solid bio fuel pellets

18%

5%

Footwear

  • Footwear having a retail sale price       up to Rs. 1000 per pair (exceeding      Rs.1000 per pair will attract @ 18%)

18%

5%

B3. Rates reduced from 18% to 0%-

Items Head

List of Items

Previous Rates

Revised Rates

Handcrafted Items

  • Rakhi
  • Sal Leaves
  • Siali leaves
  • Sabai Rope

18%

0%

 

C. Category of items previously falling under 12%

C1. Rates reduced from 12% to 5%-

Items Head

List of Items

Previous Rates

Revised Rates

Handloom/Textiles

  • Chenille fabrics
  • Other fabrics under heading 5801
  • Handloom dari
  • Knitted cap (Price not over Rs 1000)
  • Topi (sale value not over Rs 1000)

12%

5%

Agricultural Item

  • Phosphoric acid (fertilizer grade)

12%

5%

Handcrafted Items

  • Handmade carpets
  • Handmade textile floor coverings
  • Namda
  • Gabba
  • Handmade lace
  • Hand-woven tapestries
  • Hand-made braids
  • Ornamental trimming in the piece
  • Toran

12%

5%

C2. Rates reduced from 12% to 0%-

Items Head

List of Items

Previous Rates

Revised Rates

Consumer Goods

  • Sanitary Napkins

12%

0%

 

D. Category of items previously falling under 5%-

D1. Rates reduced from 5% to 0%-

Items Head

List of Items

Previous Rates

Revised Rates

Handcrafted Items

  • Stone/Marble/Wood Deities
  • Phool Bhari Jhadoo
  • Khali Dona

5%

0%

Agricultural Items

  • Coir pith compost

5%

0%

 

E. Amendments in GST rates of certain goods also include-
  • Milk enriched with vitamins or minerals salt (fortified milk) is (classified under HS code 0401 as milk) is exempted under GST.
  • Water supplied for public purposes (other than in sealed containers) is exempted under GST.
  • Tamarind kernel powder and plain tamarind kernel powder, whether modified or not is falling under GST rate of 5%.
  • Beet and cane sugar, including refined beet and cane sugar, (comes under heading 1701) is falling under GST rate of 5%.
  • Marine engine (falling under sub-heading 8408 10 93) is falling under GST rate of 5%.
  • Unpolished Kota stone and similar stones [other than marble and granite] is falling under GST rate of 5%, while polished Kota stone and similar stones (ready to use ) is falling under GST rate of 18%.
 
F. Refund of accumulated credit of inverted duty structure to fabric manufacturers-

Fabrics attract GST at the rate of 5% subject to the condition that refund of accumulated ITC on account of inversion will not be allowed. However, considering the difficulty faced by the Fabric sector on account of this condition, the GST Council has recommended for allowing refund to fabrics on account of inverted duty structure. The refund of accumulated ITC shall be allowed only with the prospective effect on the purchases made after the notification is issued.




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