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On the 18th of May, 2017, the GST council convened to fix and finalise the much awaited GST
rates for 1211 goods across 98 categories. The very next day, the council re-convened to finalise
the GST rates for 36 categories for services.
To begin with, Hasmukh Adhia, Revenue Secretary, Ministry of Finance, Government of India
has stated – that nearly 81% of the items will be classified at 18% GST rate slab and lower; while
the remaining 19% will be taxed at 28% and above.
Here’s what you need to know about some of the main goods and services, classified across the
5 GST tax slabs.
Services
GST at 5%
Goods
Dairy Products – Skimmed Milk Powder, Milk food for babies, Condensed milk, Packaged
Paneer, Cream
Frozen Vegetables
Food Items – Sugar, Spices, Edible Oil, Vegetable Oils, Pizza Bread, Rusk, Sweets, Fish
Fillets, Tapioca (sabu daana)
Beverages – Coffee, Tea, Juices
Apparel – below 1000 INR
Footwear – below 500 INR
Fuel – Kerosene, LPG, Coal
Solar Panels
Common Utilities – Broom
Medical Goods – Medicines, Stents
Newsprint
Lifeboats
Textile – Cotton, Natural Fibre and yarns
Incense Sticks (Agarbatti)
Services
Railway Travel
Economy Class Air Travel
Cab Aggregators (e.g. Uber & Ola)
GST at 12%
Goods
Services
GST at 18%
Goods
Services
Accommodation at hotels with tariff of more than 2500 INR but less than 7500 INR
Supply of food / drinks in AC / 5 star and above rated restaurants
Telecom Services
IT Services
Financial Services
Works Contract
Cinema Tickets worth 100 INR or less
GST at 28%
Goods
Services
*Note – Luxury / Demerit Goods as listed above will also attract a compensation cess over and
above the GST rate of 28%
Approved Cess
Items GST Rate Applicable Cess Ceiling
Range