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Want to know what all Goods and Services are no more in 28% Slab? Comprehensive List here.

In a massive relief for common people, the Goods and Services Tax (GST) Council on Friday decided to slash rates on 177 items, reducing taxes on these from the existing 28 percent in one of the biggest tax reductions since the new system kicked-in from July 1.

The council has decided to keep only 50 luxury and `sin’ goods like tobacco in the highest slab, paving the way for price cuts in a raft of commonly used goods from furniture to sanitary ware.

Below are the list of goods, which are now cheaper after the recommendations of GST Council:

Goods on which the Council has recommended reduction in GST rate from 28% to 18% include:

  •  Wire, cables, insulated conductors, electrical insulators, electrical plugs, switches, sockets, fuses, relays, electrical connectors
  • Electrical boards, panels, consoles, cabinets etc for electric control or distribution
  • Particle/fibre boards and ply wood. Article of wood, wooden frame, paving block
  • Furniture, mattress, bedding and similar furnishing
  • Trunk, suitcase, vanity cases, brief cases, travelling bags and other hand bags, cases
  • Detergents, washing and cleaning preparations
  • Liquid or cream for washing the skin
  • Shampoos; Hair cream, Hair dyes (natural, herbal or synthetic) and similar other goods; henna powder or paste, not mixed with any other ingredient;
  • Pre-shave, shaving or after-shave preparations, personal deodorants, bath preparations, perfumery, cosmetic or toilet preparations, room deodorisers
  • Perfumes and toilet waters
  • Beauty or make-up preparations
  • Fans, pumps, compressors
  • Lamp and light fitting
  • Primary cell and primary batteries
  • Sanitary ware and parts thereof of all kind
  • Articles of plastic, floor covering, baths, shower, sinks, washbasins, seats, sanitary ware of plastic
  • Slabs of marbles and granite
  • Goods of marble and granite such as tiles
  • Ceramic tiles of all kinds
  • Miscellaneous articles such as vacuum flasks, lighters,
  • Wrist watches, clocks, watch movement, watch cases, straps, parts
  • Article of apparel & clothing accessories of leather, guts, furskin, artificial fur and other articles such as saddlery and harness for any animal
  • Articles of cutlery, stoves, cookers and similar non electric domestic appliances
  • Razor and razor blades
  • Multi-functional printers, cartridges
  • Office or desk equipment
  • Door, windows and frames of aluminium.
  • Articles of plaster such as board, sheet,
  • Articles of cement or concrete or stone and artificial stone,
  • Articles of asphalt or slate,
  • Articles of mica
  • Ceramic flooring blocks, pipes, conduit, pipe fitting
  • Wall paper and wall covering
  • Glass of all kinds and articles thereof such as mirror, safety glass, sheets, glassware
  • Electrical, electronic weighing machinery
  • Fire extinguishers and fire extinguishing charge
  • Fork lifts, lifting and handling equipment,
  • Bull dozers, excavators, loaders, road rollers,
  • Earth moving and levelling machinery,
  • Escalators,
  • Cooling towers, pressure vessels, reactors
  • Crankshaft for sewing machine, tailor’s dummies, bearing housings, gears and gearing; ball or roller screws; gaskets
  • Electrical apparatus for radio and television broadcasting
  • Sound recording or reproducing apparatus
  • Signalling, safety or traffic control equipment for transports
  • Physical exercise equipment, festival and carnival equipment, swings, shooting galleries, roundabouts, gymnastic and athletic equipment
  • All musical instruments and their parts
  • Artificial flowers, foliage and artificial fruits
  • Explosive, anti-knocking preparation, fireworks
  • Cocoa butter, fat, oil powder,
  • Extract, essence ad concentrates of coffee, miscellaneous food preparations
  • Chocolates, Chewing gum / bubble gum
  • Malt extract and food preparations of flour, groats, meal, starch or malt extract
  • Waffles and wafers coated with chocolate or containing chocolate
  • Rubber tubes and miscellaneous articles of rubber
  • Goggles, binoculars, telescope,
  • Cinematographic cameras and projectors, image projector,
  • Microscope, specified laboratory equipment, specified scientific equipment such as for meteorology, hydrology, oceanography, geology
  • Solvent, thinners, hydraulic fluids, anti-freezing preparation

Goods on which the Council has recommended reduction in GST rate from 28% to 12% are:

  • Wet grinders consisting of stone as grinder
  • Tanks and other armoured fighting vehicles

Other changes/rationalisation of GST rates on goods:

a) 18% to 12%

i. Condensed milk

ii. Refined sugar and sugar cubes

iii. Pasta

iv. Curry paste, mayonnaise and salad dressings, mixed condiments and mixed seasoning

v. Diabetic food

vi. Medicinal grade oxygen

vii. Printing ink

viii. Hand bags and shopping bags of jute and cotton

ix. Hats (knitted or crocheted)

x. Parts of specified agricultural, horticultural, forestry, harvesting or threshing machinery

xi. Specified parts of sewing machine

xii. Spectacles frames

xiii. Furniture wholly made of bamboo or cane

b) 18% to 5%

i. Puffed rice chikki, peanut chikki, sesame chikki, revdi, tilrevdi, khaza, kazuali, groundnut sweets gatta, kuliya

ii. Flour of potatoes put up in unit container bearing a brand name

iii. Chutney powder

iv. Fly ash

v. Sulphur recovered in refining of crude

vi. Fly ash aggregate with 90% or more fly ash content

c) 12% to 5%

i. Desiccated coconut

ii. Narrow woven fabric including cotton newar [with no refund of unutilised input tax credit]

iii. Idli, dosa batter

iv. Finished leather, chamois and composition leather

v. Coir cordage and ropes, jute twine, coir products

vi. Fishing net and fishing hooks

vii. Worn clothing

viii. Fly ash brick

d) 5% to nil

i. Guar meal

ii. Hop cone (other than grounded, powdered or in pellet form)

iii. Certain dried vegetables such as sweet potatoes, maniac

iv. Unworked coconut shell

v. Fish frozen or dried (not put up in unit container bearing a brand name)

vi. Khandsari sugar

e) Miscellaneous

i. GST rates on aircraft engines from 28%/18% to 5%, aircraft tyres from 28% to 5% and aircraft seats from 28% to 5%.

ii. GST rate on bangles of lac/shellac from 3% GST rate to Nil.

Exemptions / Changes in GST Rates / ITC Eligibility Criteria

i. All stand-alone restaurants irrespective of air conditioned or otherwise, will attract 5% without ITC. Food parcels (or takeaways) will also attract 5% GST without ITC.

ii. Restaurants in hotel premises having room tariff of less than Rs 7500 per unit per day will attract GST of 5% without ITC.

iii. Restaurants in hotel premises having room tariff of Rs 7500 and above per unit per day (even for a single room) will attract GST of 18% with full ITC.

iv. Outdoor catering will continue to be at 18% with full ITC.

v. GST on services by way of admission to “protected monuments” to be exempted.

vi. GST rate on job work services in relation to manufacture of those handicraft goods in respect of which the casual taxable person has been exempted from obtaining registration, to be reduced to 5% with full input tax credit.

 

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  1. Pls tell me about SAC of leasing of Medical Equipments

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