FINAL GST RATES ON GOODS AND SERVICES IN INDIA

By | July 7, 2017

Goods and Services Tax Act, 2017 i.e. GST Act has been approved by the President of India on the 12th April, 2017, and the date of implementation of GST Act is 1st July 2017. But the before the implementation of GST Act, Government has to notify the GST tax rates on different goods and services, also government has to decide the list of goods & services which will be exempted & taxable under GST and provisions & rules under GST Act for this purpose government has setup the GST Council which has recommend the rules and four slabs GST tax rate structure of 5%, 12%, 18% and 28% and special rate of 3% for precious stone and jewellery of Gold, Silver and imitation.  In first thirteen meeting of GST Council, Council has finalised the rules and limits under GST Act and in 14th meeting of GST Council held on 18th & 19th May 2017 council has approved the GST rate on total 1211 items and in 15th GST Council meeting held on 3rd June 2017 council has approved the GST rate on textile sector and Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof, imitation jewellery, coin and Footwear gaiters and the like; parts of such articles.

Again in 16th Meeting GST Council has revised the GST rates on different goods basically they have reduced the GST rates from higher slab to lower slabs based on the public demands, most of the goods on which reduction in GST rate has taken place are those which are covered under basic necessity list like Agarbatti, All diagnostic kits and reagents, Hand bags and shopping bags, Exercise books and note books, Coir mats, matting and floor covering, Spoons, forks, ladles, skimmers, cake servers, fish knives, tongs etc.

Again in 17th Meeting of GST council few changes have been made under composition scheme under GST has increased the  composition turnover limit from Rs 50 Lakhs to 75 Lakhs and giving the list of business which are not covered under GST composition scheme even if their turnover is below Rs 75 lacs, non composition businesses are Ice cream and other edible ice, whether or not containing cocoa, Pan masala, Tobacco and manufactured tobacco substitutes traders also any type of SERVICE PROVIDER IS NOT COVERED UNDER GST COMPOSITION SCHEME. 

18th Meeting of GST Council has taken place on 30th June 2017 which was the final GST council meeting before the implementation of GST Act in India and with GST implemented on the night of 30th June 2017 India has become One Nation with 29 GST and 6 Slabs of Tax and different cess under GST and few local taxes which will remain in existence like mandi tax, entertainment tax. GST council has decided that the supply of petroleum crude, high speed diesel, motor spirit (commonly known as petrol), natural gas and aviation turbine fuel will not be covered under GST Act and same will remain taxable under VAT act of different states, so person dealing in above goods will have to file returns under existing VAT laws, also for interstate sale & purchase will take place under CST Act even regular VAT dealers has to purchase these goods with C forms for lower VAT rates and good point is dealers will not get the credit of VAT /CST paid on these goods. GST in India is divided in 4 Acts First The Central Goods and Services Tax Act (CGST), Integrated Goods and Services Tax Act,(IGST) Union Territories (without legislature) Goods and Services Tax Act (UGST), Goods and Services Tax (Compensation to States)Act, The State Goods and Services Tax Act(SGST) for each state in India.

Most problematic point under GST will be classification of goods, for small trader classification of goods will be most difficult thing to handle and they will be at the mercy of their consultant to find the rate of tax under GST. Second problem will be input tax credit under GST, under GST  buyers will be responsible for the sellers incorrect or non filling of GST returns, Whatever amount seller will shown in his  GST return it will be automatically shown as purchase for purchaser of goods and credit will be available to buyer and if seller defaults in filling GST return then buyer will have to pay GST.

GST TAX SLAB RATE from 1st July 2017 will be divided in 7 slabs 

S.NoScheduleRate of GST Basic Details 
1SCHEDULE I:LIST OF GOODS AT NIL RATEITEMS OF BASIC NECESSITY LIKE MEAT, LIVE ANIMAL, MILK, HONEY, HOSPITAL AND EDUCATION, WHEAT, RICE, MAIZE, OATS, FLOUR, ALL GOODS OF SEED QUALITY, SOYA BEANS, RAPE OR COLZA SEEDS, OTHER OIL SEEDS AND OLEAGINOUS FRUITS, SEEDS, FRUIT AND SPORES, OF A KIND USED, PLANTS AND PARTS OF PLANTS, PAPPAD, BREAD, PRASADAM, WATER AGRICULTURAL IMPLEMENTS MANUALLY OPERATED OR ANIMAL DRIVEN, PUJA SAMAGRI
2SCHEDULE II:LIST OF GOODS AT 0.25% RATEDIAMONDS, NON-INDUSTRIAL UNWORKED OR SIMPLY SAWN, CLEAVED OR BRUTED, PRECIOUS STONES (OTHER THAN DIAMONDS) AND SEMI-PRECIOUS STONES, UNWORKED OR SIMPLY SAWN OR ROUGHLY SHAPED SYNTHETIC OR RECONSTRUCTED PRECIOUS OR SEMI-PRECIOUS STONES, UNWORKED OR SIMPLY SAWN OR ROUGHLY SHAPED
3SCHEDULE III:LIST OF GOODS AT 3% RATEPEARLS, DIAMONDS, PRECIOUS STONES (OTHER THAN DIAMONDS) AND SEMI-PRECIOUS STONES, SYNTHETIC OR RECONSTRUCTED PRECIOUS OR SEMI-PRECIOUS STONES, DUST AND POWDER OF NATURAL OR SYNTHETIC PRECIOUS OR SEMI-PRECIOUS STONES, SILVER (INCLUDING SILVER PLATED WITH GOLD OR PLATINUM, GOLD (INCLUDING GOLD PLATED WITH PLATINUM), IMITATION JEWELLERY, OTHER ARTICLES OF PRECIOUS METAL OR OF METAL CLAD WITH PRECIOUS METAL, ARTICLES OF JEWELLERY AND PARTS THEREOF
4SCHEDULE IV:LIST OF GOODS AT 5% RATEANIMAL PRODUCTS NOT ELSEWHERE SPECIFIED OR INCLUDED, BRANDED HONEY, FROZEN MEAT, TEA, COFFEE, ALL GOODS I.E. CEREALS, PUT UP IN UNIT CONTAINER AND BEARING A REGISTERED BRAND NAME, TOBACCO LEAVES, NATURAL SANDS OF ALL KINDS, WHETHER OR NOT COLOURED, OTHER THAN METAL BEARING SANDS OF CHAPTER 26, MINERALS OF DIFFERENT TYPE, BRICKS OF FOSSIL MEALS OR SIMILAR SILICEOUS EARTHS, BUILDING BRICKS, EARTHEN OR ROOFING TILES, FOOTWEAR HAVING A RETAIL SALE PRICE NOT EXCEEDING RS.500 PER PAIR, PROVIDED THAT SUCH RETAIL SALE PRICE IS INDELIBLY MARKED OR EMBOSSED ON THE FOOTWEAR ITSELF, RENEWABLE ENERGY DEVICES & PARTS FOR THEIR MANUFACTURE BIO-GAS PLANT, SOLAR POWER BASED DEVICES ETC., DRUGS OR MEDICINES INCLUDING THEIR SALTS AND ESTERS AND DIAGNOSTIC TEST KITS.
5SCHEDULE V:LIST OF GOODS AT 12% RATEMEAT OF BOVINE ANIMALS, SWINE, SHEEP OR GOATS, HORSE AND OTHER MEAT, FROZEN AND PUT UP IN UNIT CONTAINERS, BUTTER AND OTHER FATS, CHEESE, WOOL GREASE AND FATTY, JAMS, FRUIT JELLIES, MARMALADES, FRUIT OR NUT PURÉE, SAUCES AND PREPARATIONS THEREFOR, NAMKEENS, BHUJIA, MIXTURE, CHABENA AND SIMILAR EDIBLE PREPARATIONS, MARBLE AND TRAVERTINE BLOCKS, GRANITE BLOCKS, MICRONUTRIENTS, IODINE, MEDICAMENTS INCLUDING AYURVAEDIC, UNANI, SIDDHA, HOMOEOPATHIC OR BIO-CHEMIC SYSTEMS MEDICAMENTS, PHARMACEUTICAL GOODS I.E. STERILE SURGICAL CATGUT, SIMILAR STERILE SUTURE MATERIALS (INCLUDING STERILE ABSORBABLE SURGICAL OR DENTAL YARNS), FOUNTAIN PEN INK, BALL PEN INK, TOOTH POWDER, CANDLES, TAPERS AND THE LIKE, ALL DIAGNOSTIC KITS AND REAGENTS, LEATHER FURTHER PREPARED AFTER TANNING OR CRUSTING, CEMENT BONDED PARTICLE BOARD; B. JUTE PARTICLE BOARD; C. RICE HUSK BOARD; D. GLASS-FIBRE REINFORCED GYPSUM BOARD (GRG) E. SISAL-FIBRE BOARDS; F. BAGASSE BOARD; AND G. COTTON STALK PARTICLE BOARD H. PARTICLE/FIBRE BOARD MANUFACTURED FROM AGRICULTURAL CROP RESIDUES, PACKING CASES, BOXES, CRATES, DRUMS AND SIMILAR PACKINGS, OF WOOD; CABLE-DRUMS OF WOOD; PALLETS, BOX PALLETS AND OTHER LOAD BOARDS, OF WOOD; PALLET COLLARS OF WOOD OTHER ARTICLES OF WOOD; SUCH AS CLOTHES HANGERS, SPOOLS, COPS,  BOBBINS, SEWING THREAD REELS AND THE LIKE OF TURNED WOOD FOR VARIOUS TEXTILE MACHINERY, MATCH SPLINTS, PENCIL SLATS, PARTS OF WOOD TEXTILE PRODUCTS AND ARTICLES, FOR TECHNICAL USE ARTICLES OF APPAREL AND CLOTHING ACCESSORIES, KNITTED OR CROCHETED, OF SALE VALUE EXCEEDING RS. 1000 PER PIECE SAND LIME BRICKS, FLY ASH BRICKS AND FLY ASH BLOCKS
6SCHEDULE VI:LIST OF GOODS AT 18% RATEMOST OF THE SERVICES ARE COVERED UNDER THE CATEGORY INCLUDING WORKS CONTRACT, GOODS WHICH ARE NOT SPECIFIED IN SCHEDULE II, III, IV, V OR VII, CONDENSED MILK, MALT, WHETHER OR NOT ROASTED, SUGAR CONFECTIONERY, PREPARATIONS SUITABLE FOR INFANTS OR YOUNG CHILDREN, PUT UP FOR RETAIL SALE, PASTA, ALL GOODS I.E. CORN FLAKES, BULGAR WHEAT, PREPARED FOODS OBTAINED FROM CEREAL FLAKES ALL GOODS I.E. WAFFLES AND WAFERS OTHER THAN COATED, ALL KINDS OF FOOD MIXES INCLUDING INSTANT FOOD MIXES, SOFT DRINK CON-CENTRATES, SHARBAT, BETEL NUT PRODUCT KNOWN AS “SUPARI, ETHYL ALCOHOL AND OTHER SPIRITS, DENATURED, OF ANY STRENGTH, PETROLEUM OILS AND OILS OBTAINED FROM BITUMINOUS MINERALS, OTHER THAN PETROLEUM CRUDE; PREPARATIONS NOT ELSEWHERE SPECIFIED OR INCLUDED, PETROLEUM GASES AND OTHER GASEOUS HYDROCARBONS, BITUMINOUS MIXTURES BASED ON  NATURAL ASPHALT, ON, ALL ORGANIC CHEMICALS OTHER THAN GIBERELLIC ACID, MINERAL OR CHEMICAL FERTILISERS, POTASSIC, WHICH ARE CLEARLY NOT TO BE USED AS FERTILIZERS, PRINTING INK, WRITING OR DRAWING INK AND OTHER INKS, WHETHER OR NOT CON-CENTRATED OR SOLID (FOUNTAIN PEN INK AND BALL PEN INK), ESSENTIAL OILS (TERPENELESS OR NOT), INCLUDING CONCRETES AND ABSOLUTES; RESINOIDS; EXTRACTED OLEORESINS, KAJAL PENCIL STICKS, DENTIFICES – TOOTHPASTE, HAIR OIL, ARTIFICIAL GRAPHITE; COLLOIDAL OR SEMI-COLLOIDAL GRAPHITE; INSECTICIDES, RODENTICIDES, FUNGICIDES, HERBICIDES, ANTI-SPROUTING PROD-UCTS AND PLANT-GROWTH REGULATORS, DISINFECTANTS AND SIMILAR PRODUCTS, REFRACTORY CEMENTS, MORTARS, CONCRETES AND SIMILAR COMPOSITIONS, OTHER THAN PRODUCTS OF HEADING 3801, BIODIESEL AND MIXTURES THEREOF, ALL GOODS I.E. POLYMERS; POLYACETALS, OTHER POLYETHERS, TUBES, PIPES AND HOSES, AND FITTINGS THEREFOR, OF PLASTICS, SELF-ADHESIVE PLATES, SHEETS, FILM, FOIL, TAPE, STRIP, ARTICLES FOR THE CONVEYANCE OR PACKING OF GOODS, OF PLASTICS; STOPPERS, LIDS, CAPS AND OTHER CLOSURES, OF PLASTICS, CARBON PAPER, SELF-COPY PAPER AND OTHER COPYING OR TRANSFER PAPERS, TOILET PAPER AND SIMILAR PAPER, CELLULOSE WADDING OR WEBS, REGISTERS, ACCOUNT BOOKS, ORDER BOOKS, RECEIPT BOOKS, LETTER PADS, MEMORANDUM PADS, DIARIES AND SIMILAR ARTICLES, BLOTTING-PADS, BINDERS (LOOSE-LEAF OR OTHER), FOLDERS, FILE COVERS, MANIFOLD BUSINESS FORMS, INTERLEAVED CARBON SETS AND OTHER ARTICLES OF STATIONARY, FOOTWEAR WITH OUTER SOLES OF RUBBER, PLASTICS, LEATHER OR COMPOSITION LEATHER AND UPPERS OF LEATHER, PRE CAST CONCRETE PIPES HUME PIPE, REFRACTORY BRICKS, BLOCKS, TILES AND SIMILAR REFRACTORY CERAMIC CONSTRUCTIONAL GOODS, OTHER THAN THOSE OF SILICEOUS FOSSIL MEALS OR SIMILAR SILICEOUS EARTHS, TABLEWARE, KITCHENWARE, OTHER HOUSEHOLD ARTICLES AND TOILET ARTICLES, IMITATION PEARLS, IMITATION PRECIOUS OR SEMI-PRECIOUS STONES AND SIMILAR GLASS SMALLWARES, AND ARTICLES THEREOF OTHER THAN IMITATION JEWELLERY; GLASS EYES OTHER THAN PROSTHETIC ARTICLES; STATUETTES AND OTHER ORNAMENTS OF LAMP-WORKED GLASS, OTHER THAN IMITAION JEWELERY, SHEET PILING OF IRON OR STEEL, STRUCTURES (EXCLUDING PREFABRICATED BUILDINGS OF HEADING, TANKS, CASKS, DRUMS, CANS, BOXES AND SIMILAR CONTAINERS, OTHER ARTICLES OF IRON AND STEEL, FORGED OR STAMPED, BUT NOT FURTHER WORKED; SUCH AS GRINDING BALLS AND SIMILAR ARTICLES FOR MILLS, ARTICLES FOR AUTOMOBILES AND EARTH MOVING IMPLEMENTS, ARTICLES OF IRON OR STEEL WIRE, OTHER ARTICLES OF NICKEL ALUMINIUM ZINC, CERMETS AND ARTICLES THEREOF, INCLUDING WASTE AND SCRAP, WIRE, RODS, TUBES, PLATES, ELECTRODES AND SIMILAR PRODUCTS, WEIGHING MACHINERY, MACHINERY, APPARATUS AND EQUIPMENT, KNITTING MACHINES, STITCH-BONDING MACHINES AND MACHINES FOR MAKING GIMPED YARN, MACHINERY FOR THE MANUFACTURE OR FINISHING, WASTE AND SCRAP, REFRIGERATED MOTOR VEHICLES, LENSES, PRISMS, MIRRORS AND OTHER OPTICAL ELEMENTS, INSTRUMENTS AND APPARATUS FOR PHYSICAL OR CHEMICAL ANALYSIS, MEDICAL, SURGICAL, DENTAL OR VETERINARY FURNITURE, SWORDS, CUT LASSES, BAYONETS, LANCES AND SIMILAR ARMS
7SCHEDULE VII:LIST OF GOODS AT 28% RATEMOLASSES, CHEWING GUM / BUBBLE GUM AND WHITE CHOCOLATE, NOT CONTAINING COCOA, COCOA BUTTER, FAT AND OIL,COCOA POWDER, NOT CONTAINING ADDED SUGAR OR SWEETENING MATTER, CHOCOLATES AND OTHER FOOD PREPARATIONS CONTAINING COCOA, MALT EXTRACT; FOOD PREPARATIONS OF FLOUR, GROATS, MEAL, STARCH OR MALT EXTRACT, NOT CONTAINING COCOA OR CONTAINING LESS THAN 40% BY WEIGHT OF COCOA CALCULATED ON A TOTALLY DEFATTED BASIS, NOT ELSEWHERE SPECIFIED OR INCLUDED; FOOD PREPARATIONS OF GOODS OF HEADING 0401 TO 0404, NOT CONTAINING COCOA OR CONTAINING LESS THAN 5% BY WEIGHT OF COCOA CALCULATED ON A TOTALLY DEFATTED BASIS NOT ELSEWHERE SPECIFIED OR INCLUDED [OTHER THAN PREPARATIONS FOR INFANTS OR YOUNG CHILDREN, PUT UP FOR RETAIL SALE AND MIXES AND DOUGHS FOR THE PREPARATION OF BAKERS’ WARES OF HEADING 1905] WAFFLES AND WAFERS COATED WITH CHOCOLATE OR CONTAINING CHOCOLATE,  FOOD PREPARATIONS NOT ELSEWHERE SPECIFIED OR INCLUDED, PAN MASALA, OTHER NON-ALCOHOLIC BEVERAGES, ALL GOODS [INCLUDING AERATED WATERS], CONTAINING ADDED SUGAR OR OTHER SWEETENING MATTER OR FLAVOURED, UNMANUFACTURED TOBACCO; TOBACCO REFUSE [OTHER THAN TOBACCO LEAVES], CIGARS, CHEROOTS, CIGARILLOS AND CIGARETTES, OF TOBACCO OR OF TOBACCO SUBSTITUTES. OTHER MANUFACTURED TOBACCO AND MANUFACTURED TOBACCO SUBSTITUTES; “HOMOGENISED” OR “RECONSTITUTED” TOBACCO; TOBACCO EXTRACTS AND ESSENCES [INCLUDING BIRIS] ,MARBLE AND TRAVERTINE, OTHER THAN BLOCKS GRANITE, OTHER THAN  BLOCKS,PORTLAND CEMENT, ALUMINOUS CEMENT, SLAG CEMENT, SUPER SULPHATE CEMENT AND SIMILAR HYDRAULIC CEMENTS, WHETHER OR NOT COLOURED OR IN THE FORM OF CLINKERS,PAINTS AND VARNISHES (INCLUDING ENAMELS AND LACQUERS) BASED ON SYNTHETIC POLYMERS OR CHEMICALLY MODIFIED NATURAL POLYMERS, DISPERSED OR DISSOLVED IN A NON-AQUEOUS MEDIUM; SOLUTIONS AS DEFINED IN NOTE 4 TO THIS CHAPTER 21, PAINTS AND VARNISHES (INCLUDING ENAMELS AND LACQUERS) BASED ON SYNTHETIC POLYMERS OR CHEMICALLY  MODIFIED NATURAL POLYMERS, DISPERSE, BEAUTY OR MAKE-UP PREPARATIONS AND PREPARATIONS FOR THE CARE OF THE SKIN (OTHER THAN MEDICAMENTS), INCLUDING SUNSCREEN OR SUN TAN PREPARATIONS; MANICURE OR PEDICURE PREPARATIONS [OTHER THAN KAJAL, KUMKUM, BINDI, SINDUR, ALTA POLISHES AND CREAMS, FOR FOOTWEAR, FURNITURE, FLOORS, COACHWORK, GLASS OR METAL, SCOURING PASTES AND POWDERS AND SIMILAR PREPARATIONS (WHETHER OR NOT IN THE FORM OF PAPER, WADDING, FELT, NONWOVENS, CELLULAR PLASTICS OR CELLULAR RUBBER, IMPREGNATED, COATED OR COVERED WITH SUCH PREPARATIONS), EXCLUDING WAXES OF HEADING 3404, TRUNKS, SUIT-CASES, VANITY-CASES, EXECUTIVE- CASES, BRIEF-CASES, SCHOOL SATCHELS, SPECTACLE CASES, BINOCULAR CASES, CAMERA CASES, MUSICAL INSTRUMENT CASES, GUN CASES, HOLSTERS AND SIMILAR CONTAINERS; TRAVELLING-BAGS, INSULATED FOOD OR BEVERAGES BAGS, TOILET BAGS, RUCKSACKS, HANDBAGS, SHOPPING BAGS, WALLETS, PURSES, MAP-CASES, CIGARETTE-CASES, TO-BACCO- POUCHES, TOOL BAGS, SPORTS BAGS, BOTTLE-CASES, JEWELLERY BOXES, POWDER-BOXES, CUTLERY CASES AND SIMILAR CONTAINERS, OF LEATHER, OF SHEETING OF PLASTICS, OF TEXTILE MATERIALS, OF VULCANISED FIBRE OR OF PAPERBOARD, OR WHOLLY OR MAINLY COVERED WITH SUCH MATERIALS OR WITH PAPER [OTHER THAN SCHOOL SATCHELS AND BAGS OTHER THAN OF LEATHER OR COMPOSITION LEATHER, TOILET CASES, HAND BAGS AND SHOPPING BAGS, OF ARTIFICIAL PLASTIC MATERIAL, OF COTTON, OR OF JUTE, VANITY BAGS, HANDBAGS OF OTHER MATERIALS EXCLUDING WICKER WORK OR BASKET WORK], ARTICLES OF APPAREL AND CLOTHING  ACCESSORIES, OF LEATHER OR OF COMPOSITION LEATHER OTHER ARTICLES OF LEATHER OR OF COMPOSITION LEATHER, ARTICLES OF GUT (OTHER THAN SILK-WORM GUT), OF GOLDBEATER’S SKIN, OF BLADDERS OR OF TENDONS,  ARTICLES OF APPAREL, CLOTHING ACCESSORIES AND OTHER ARTICLES OF FURSKIN, PLYWOOD, VENEERED PANELS AND SIMILARLAMINATED WOOD, WOODEN FRAMES FOR PAINTINGS, PHOTOGRAPHS, MIRRORS OR SIMILAR OBJECTS. ARTIFICIAL FLOWERS, PANELS, BOARDS, TILES, BLOCKS AND SIMILAR ARTICLES OF VEGETABLE FIBRE, ARTICLES OF CEMENT, OF CONCRETE OR OF ARTIFICIAL STONE, WHETHER OR NOT REINFORCED; SUCH AS TILES, FLAGSTONES, BRICKS AND SIMILAR ARTICLES, BUILDING BLOCKS AND BRICKS, CEMENT BRICKS, PREFABRICATED STRUCTURAL COMPONENTS FOR BUILDING OR CIVIL ENGINEERING, PREFABRICATED STRUCTURAL COMPONENTS FOR BUILDING OR CIVIL ENGINEERING, ARTICLES OF STONE OR OF OTHER MINERAL SUBSTANCES (INCLUDING CARBON FIBRES, ARTICLES OF CARBON FIBRES AND ARTICLES OF PEAT), NOT ELSEWHERE SPECIFIED OR INCLUDED, PAVING BLOCKS, SLABS, BRICKS, SQUARES, TILES AND OTHER ARTICLES OF PRESSED OR MOULDED GLASS, WHETHER OR NOT WIRED, OF  A KIND USED FOR BUILDING OR CONSTRUCTION PURPOSES; GLASS CUBES AND OTHER GLASS SMALLWARES, WHETHER OR NOT ON A BACKING, FOR MOSAICS OR SIMILAR DECORATIVE PURPOSES; LEADED LIGHTS AND THE LIKE; MULTI-CELLULAR OR FOAM GLASS IN BLOCKS, PANELS, PLATES, SHELLS OR SIMILAR FORMS, SANITARY WARE AND PARTS THEREOF OF IRON AND STEEL, DOORS, WINDOWS AND THEIR FRAMES AND THRESHOLDS FOR DOORS, FILING CABINETS, CARD-INDEX CABINETS, PAPER TRAYS, PAPER RESTS, AIR-CONDITIONING MACHINES, AIR OR VACUUM PUMPS, PRINTERS WHICH PERFORM TWO OR MORE OF THE FUNCTIONS OF PRINTING, OTHER OFFICE MACHINES (FOR EXAMPLE, HECTOGRAPH OR STENCIL DUPLICATING MACHINES, ADDRESSING MACHINES, SHAVERS, HAIR CLIPPERS AND HAIR-REMOVING APPLIANCES, WITH SELF-CONTAINED ELECTRIC MOTOR, MONITORS AND PROJECTORS, MOTOR VEHICLES AND SPARE PARTS, WORKS TRUCKS, MOTORCYCLES, WRIST-WATCHES, POCKET-WATCHES AND OTHER WATCHES, REVOLVERS AND PISTOLS, ARTICLES AND EQUIPMENT FOR GENERAL PHYSICAL EXERCISE, GYMNASTICS, ATHLETICS, ALL DUTIABLE ARTICLES INTENDED FOR PERSONAL USE, SCENT SPRAYS AND SIMILAR TOILET SPRAYS

NOTE IMPORTANT: PLEASE CHECK THE ACTUAL GST  RATES ON GOODS FROM UPDATED SCHEDULES AND BOOKLETS ABOVE LIST IS SAMPLE AND MAY HAVE CHANGED.

FOR DETAILS DATEWISE GST RATE SCHEDULE

FOR SERVICE TAX SAC CODE AND RATE STRUCTURE

DOWNLOAD GST RATE LIST CUM BOOKLET OF GOODS 

Download (PDF, 500KB)

DOWNLOAD GST RATE LIST FOR SERVICES

Download (PDF, 153KB)

One thought on “FINAL GST RATES ON GOODS AND SERVICES IN INDIA

  1. Pingback: HOW TO DO BUSINESS WITHOUT REGISTERING UNDER GST: NO GST REGISTRATION | TaxPage.in

Leave a Reply