The GST Council, the apex decision making body for new tax regime has decided the rates of tax on goods to be applicable on 18-05-17 during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods.

GST rates for certain goods like textile, footwear, biris, precious metals, etc. are yet to be decided by the GST Council.

The table given below gives the list of such goods:

 

NIL Rates (0%):

Live Animals other than horses, fish, fresh milk, eggs ,curd, lassi, chena paneer, natural honey, live trees and plants, fresh vegetable and fresh fruit  other than in frozen state or preserved, cereals, puffed rice, bread, pappad, prasadam, human blood, organic manure, kumkum, bindi, sindoor, alta, municipal and clinical waste, plastic bangles, printed books, newspaper, handloom, ,hearing aids etc.

 

5% Rate:

All goods in processed,cured or frozen state, Pigs', hogs' or boars' bristles and hair, Guts, bladders, Skins and other parts of birds, Bones and horn-cores, Ivory,  unworked or simply prepared, Coral and similar materials, coffee, tea, mate, pepper, cloves, vanilla, natural gums, vegetable fats and oils, khandsari, Pizza bread, Sweetmeats, Flours, meals and pellets, of meat or meat offal, Residues of starch manufacture and similar residues, beet-pulp, Natural sands, Pebbles, gravel, broken or crushed stone, Gypsum, anhydrite, Quicklime, slaked lime, coal, Kerosene PDS, Liquefied Petroleum Gases (LPG) for supply to household domestic consumers etc.

 

12% Rate:

Live horse, Butter and other fats, Cheese, Dates, Starches, Animal fats and oils, Preparations of meat, of fish or of crustaceans, molluscs or other aquatic vertebrates, fruit juices, vegetable juices, Ice and snow, Soya milk drinks, Tender coconut water, Marble, travertine and Granite blocks, bio-gas, Animal blood prepared for therapeutic, Fountain pen ink, Ball pen ink, Tooth powder, Agarbatti, Candles, Photographic plates and film for x-ray for medical use, Gloves specially designed for use in sports, Children's picture, drawing or colouring book, Calendars, Mathematical boxes, geometry boxes and colour boxes, pencil sharpeners, Table or kitchen or other household articles of iron & steel, Utensils, Sewing machines, Bicycle pumps, Telephones for cellular networks or for other wireless networks, Electrically operated vehicles,  animal drawn vehicles, Spectacle lenses, contact lens,  Braille watches etc.

 

18% Rate:

Condensed milk, Malt whether or not roasted, sugar,  Pasta, Corn flakes, Pastries and cakes, Jams, fruit jellies, marmalades, fruit or nut purée and fruit or nut pastes, Sauces, Soups and broths, Ice cream and other edible ice, Vinegar,  Nicotine polacrilex gum, Synthetic organic tanning substances, Printing ink, Propellant powders, Safety fuses, Matches, polymers, Synthetic rubber and factice derived from oils, Hygienic or pharmaceutical articles, Articles of apparel and clothing accessories, Bamboo flooring tiles, Toilet or facial tissue stock, towel or napkin stock and similar paper, tracing papers, Carbon paper, self-copy paper, Cigarette paper, Wire of stainless steel, LPG stoves, Sewing needles, knitting needles, Copper mattes,  Nails, tacks, drawing pins, Aluminium alloys, Knitting machines, . Electric motors and generators, Industrial or laboratory electric furnaces and ovens, Telephone sets, Electrical machines, Parachutes, Optical fibres and optical fibre bundles, Lenses, prisms, mirrors, Frames and mountings for spectacles, goggles, Bombs, grenades, torpedoes, mines, missiles, Electronic Toys like tricycles, scooters, pedal cars etc.

 

28% Rate:

Molasses, Chewing gum / bubble gum and white chocolate, chocolates, Extracts, essences and concentrates of coffee, Marble, travertine and granite other than blocks, Avgas, Paints and varnishes,  Glaziers’ putty,  painting colours, Perfumes, Beauty or makeup preparations and preparations for the care of the skin, Preparations for oral or dental  hygiene, Shaving cream,  New pneumatic tyres of rubber used in motor cars, Floor coverings and mats, Wall paper and similar wall coverings, Wigs, false beards, eyebrows and eyelashes, building stone, barbecues, Sanitary ware,  Aluminium foil, Razors and razor blades, pencil sharpeners and blades etc.

 

For compensation cess rates for different supplies,refer the link given below:  http://www.cbec.gov.in/resources//htdocs-cbec/gst/gst-compensation-cess-rates-18.05.2017.pdf

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