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A quick guide to India GST rates in

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BY ECONOMICTIMES.COM | UPDATED: JUN 19, 2017, 12.25 PM IST Post a Comment

The Goods and Services Tax (GST) has

SPOTLIGHT RELATED VIDEO
been one of the key things that has
Startup Zone Aviation
caught the attention of the market given
its implications on earnings of
companies. The government has kept a
large number of items under 18% tax
slab. The government categorised 1211
items under various tax slabs. Here is a
low-down on the tax slab these items
would attract:

GST rates declared: Everything you need to know

Here is the complete updated list:
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an exponential growth in India, growing under
contracts wouldthe current
now rate slab
be awarded ambit and will
for 15 GST Council revises rates for 66 items
from 105 rooms in 2014 to 70,000 rooms be taxed
years instead at 10-year
of the 3% andtime
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No tax(0%)
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Goods List Your Business Find Service Near You

riders in India No tax will be imposed on items like Jute,

fresh meat, fish chicken, eggs, milk, butter milk, curd, natural honey, fresh fruits and
vegetables, flour, besan, bread, prasad, salt, bindi. Sindoor, stamps, judicial papers,
printed books, newspapers, bangles, handloom, Bones and horn cores, bone grist,
bone meal, etc.; hoof meal, horn meal, Cereal grains hulled, Palmyra jaggery, Salt - all
types, Kajal, Children's' picture, drawing or colouring books, Human hair
Home News Company Industry Economy Politics and Nation Brandwire Defence International India Unlimited More

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Services
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Hotels and lodges with tariff below Rs 1,000, Grandfathering service has been
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Goods
Will Modi's diplomatic skill be enough to take on Items such as fish fillet, Apparel below Rs 1000, packaged food items, footwear below
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Rs 500, cream, skimmed milk powder, branded paneer, frozen vegetables, coffee, tea,
Narendra Modi must have one overriding objective spices, pizza bread, rusk, sabudana, kerosene, coal, medicines, stent, lifeboats,
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Cashew nut, Cashew nut in shell, Raisin, Ice and snow, Bio gas, Insulin, Agarbatti,
More Kites, Postage or revenue stamps, stamp-post marks, first-day covers

Not to be Missed Services

BACK TO TOP Transport services (Railways, air transport), small restraurants will be under the 5%
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GST rate: A quick guide to India GST rates in 2017 - The Economic Times
12%
Goods
Apparel above Rs 1000, frozen meat products , butter, cheese, ghee, dry fruits in
packaged form, animal fat, sausage, fruit juices, Bhutia, namkeen, Ayurvedic
medicines, tooth powder, agarbatti, colouring books, picture books, umbrella, sewing
machine, cellphones, Ketchup & Sauces, All diagnostic kits and reagents, Exercise
books and note books, Spoons, forks, ladles, skimmers, cake servers, fish knives,
tongs, Spectacles, corrective, Playing cards, chess board, carom board and other
board games, like ludo,
Services
State-run lotteries, Non-AC hotels, business class air ticket, fertilisers, Work Contracts
will fall under 12 per cent GST tax slab
18%
Goods
Most items are under this tax slab which include footwear costing more than Rs 500,
Bidi Patta, Biscuits (All catogories), flavoured refined sugar, pasta, cornflakes, pastries
and cakes, preserved vegetables, jams, sauces, soups, ice cream, instant food mixes,
mineral water, tissues, envelopes, tampons, note books, steel products, printed circuits,
camera, speakers and monitors, Kajal pencil sticks, Headgear and parts thereof,
Aluminium foil, Weighing Machinery [other than electric or electronic weighing
machinery], Printers [other than multifunction printers], Electrical Transformer, CCTV,
Optical Fiber, Bamboo furniture, Swimming pools and padding pools, Curry paste;
mayonnaise and salad dressings; mixed condiments and mixed seasonings
Services
AC hotels that serve liquor, telecom services, IT services, branded garments and
financial services will attract 18 per cent tax under GST, Room tariffs between Rs 2,500
and Rs 7,500, Restaurants inside five-star hotels
28%
Goods
Bidis, chewing gum, molasses, chocolate not containing cocoa, waffles and wafers
coated with choclate, pan masala, aerated water, paint, deodorants, shaving creams,
after shave, hair shampoo, dye, sunscreen, wallpaper, ceramic tiles, water heater,
dishwasher, weighing machine, washing machine, ATM, vending machines, vacuum
cleaner, shavers, hair clippers, automobiles, motorcycles, aircraft for personal use, will
attract 28 % tax - the highest under GST system.
Services
Private-run lotteries authorised by the states, hotels with room tariffs above Rs 7,500,
5-star hotels, race club betting, cinema will attract tax 28 per cent tax slab under GST
97.20
Revised list of 66 items:
2/5
25/06/2017 GST rate: A quick guide to India GST rates in 2017 - The Economic Times

REVISED GST RATE FOR CERTAIN GOODS

(As per discussions in the 16th GST Council Meeting
held on 11th June, 2017)

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Revised GST Rate approved by the GST Council
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GST rates for goods
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25/06/2017 GST rate: A quick guide to India GST rates in 2017 - The Economic Times

GST RATE SCHEDULE FOR GOODS

[As per discussions in the GST Council Meeting held on 18thMay, 2017]

The fitment of rates of goods were discussed today during the 14 thGST 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. The information is being uploaded

Islamophobia being spread in India, says Asaduddin immediately after the GST Councils decisionand it will be subject to further vetting during which the list may undergo some changes.

GST rates for certain goods like textile, footwear, biris, precious metals, etc. are yet to be decided by the GST Council. The footnote below the
Owaisi table gives the list of such goods.

S. Chapter Nil 5% 12% 18% 28%

No.
1. 1 All goods other - Live horses [01012100, - -
(Live animals) than live horses 010129]
[0101 Live asses,
mules and hinnies
0102 Live
bovine animals
0103 Live swine
0104 Live sheep
and goats
0105 Live
poultry, that is to
say, fowls of the
species Gallus
domesticus, ducks,
geese, turkeys and
guinea fowls.
0106 Other live
animal such as
Mammals, Birds,
Insects]

India, Portugal sign 11 pacts, agree on 4 million

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GST RATE SCHEDULE FOR GOODS

Why you must buy Samsung QLED [As per discussions in the GST Council Meeting held on 18thMay, 2017]
TV? S. Chapter Nil 5% 12% 18% 28%
No.
2. 2 All goods other - 1. All goods in frozen - -
(Meat and edible than in frozen state state and put up in
meat offal) and put up in unit unit containers
containers. [0202, 0203, 0204,
0205, 0206, 0207,
I apologize for the bad joke I attempted [0201 Meat of 0208, 0209]
bovine animals, 2. Pig fat, free of lean
in poor taste about President Trump: fresh and chilled. meat, and poultry fat,
0203 Meat of not rendered or
Johnny Depp swine, fresh or otherwise extracted,
chilled. salted, in brine, dried

GST rates for services

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SCHEDULE OF GST RATES FOR SERVICES AS APPROVED BY GST COUNCIL
The fitment of rates of services were discussed on 19 May 2017 during the 14 thGST Council meeting held at Srinagar, Jammu &
Kashmir. The Council has broadly approved the GST rates for services at Nil, 5%, 12%, 18% and 28% as listed below. The

Stressed at work? A good night's sleep information is being uploaded immediately after the GST Councils decision and it will be subject to further vetting during which the
list may undergo some changes. The decisions of the GST Council are being communicated for general information and will be given
is all you need effect to through gazette notifications which shall have force of law.

Sl.
DESCRIPTION OF SERVICES GST RATE
No.
1. Transport of goods by rail 5%
with ITC of input
services
Now you can apply for passports in 2. Transport of passengers by rail (other than sleeper class) 5%
with ITC of input
Hindi services
3. Services of goods transport agency (GTA) in relation to transportation of goods 5%
[other than used household goods for personal use] No ITC
4. Services of goods transport agency in relation to transportation of used household 5%
goods for personal use. No ITC
5. Transport of goods in a vessel including services provided or agreed to be provided 5%
by a person located in non-taxable territory to a person located in non-taxable with ITC of input
Why didn't Congress make Meira territory by way of transportation of goods by a vessel from a place outside India services
Kumar president when in power: 6.
up to the customs station of clearance in India
Renting of motorcab 5%
Bandaru Dattatreya (If fuel cost is borne by the service recipient, then 18% GST will apply) No ITC
7. Transport of passengers, by- 5%
(i) Air conditioned contract/stage carriage other than motorcab; No ITC
(ii) a radio taxi.
8. Transport of passengers by air in economy class 5%
with ITC of input
services
9. Transport of passengers, with or without accompanied belongings, by air, 5%
embarking from or terminating in a Regional Connectivity Scheme Airport. with ITC of input

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25/06/2017 GST rate: A quick guide to India GST rates in 2017 - The Economic Times

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