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Recommendations for Changes In GST/IGST Rate and Clarifications in Respect of GST Rate on Certain Goods -As per discussions held in the 25thGST Council Meeting

January 18, 2018

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The Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi today. The Council has recommended certain in GST/IGST rate and clarifications in respect of GST rate on Goods specified below as per discussions in the 25thGST Council Meeting held today. These decisions of the GST Council are being communicated for general information, and will be given effect to through Gazette notifications / circulars which only shall have the force of law.

 

  1. LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 28% TO 18%:

S. No.

Chapter/Heading/Sub-heading/Tariff item

Description

1.

87

Old and used motor vehicles [medium and large cars and SUVs] on the margin of the supplier, subject to the condition that no input tax credit of central excise duty/value added tax or GST paid on such vehicles has been availed by him.

2.

8702

Buses, for use in public transport, which exclusively run on bio-fuels.
  1. LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 28% TO 12%:

S. No.

Chapter/Heading/Sub-heading/Tariff item

Description
  1.  

87

All types of old and used motors vehicles [other than medium and large cars and SUVs] on the margin of the supplier of subject to the conditions that no input tax credit of central excise duty /value added tax or GST paid on such vehicles has been availed by him.
  1. LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 18% TO 12%:

S. No.

Chapter/Heading/Sub-heading/Tariff item

Description

1.

1704

Sugar boiled confectionary

2.

2201

Drinking water packed in 20 litters bottles

3.

2809

Fertilizer grade Phosphoric acid

4.

29 or 38

Bio-diesel

5

38

The following Bio-pesticides, -

 

S. No.

Name of the bio pesticide

1

Bacillus thuringiensis var. israelensis

2

Bacillus thuringiensis var. kurstaki

3

Bacillus thuringiensis var. galleriae

4

Bacillus sphaericus

5

Trichoderma viride

6

Trichoderma harzianum

7

Pseudomonas fluoresens

8

Beauveriabassiana

9

NPV of Helicoverpaarmigera

10

NPV of Spodopteralitura

11

Neem based pesticides

12

Cymbopogan

 

6.

4418

Bamboo wood building joinery

7.

8424

Drip irrigation system including laterals, sprinklers

8.

8424

Mechanical Sprayer

D.      LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 18% TO 5%:

S. No.

Chapter/Heading/Sub-heading/Tariff item

Description

1.

13

Tamarind Kernel Powder

2.

1404/3305

Mehendi paste in cones

3.

2711

LPG supplied for supply to household domestic consumers by private LPG distributors

4.

88 or any other chapter

Scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mock ups and modules, raw material and consumables required for launch vehicles and satellites and payloads

E.        LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 12% TO 5%:

S. No.

Chapter/Heading/Sub-heading/Tariff item

Description

1.

4601, 4602

Articles of straw, of esparto or of other plaiting materials; basketware and wickerwork

F.      LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR INCREASE FROM 12% TO 18%:

S. No.

Chapter/Heading/Sub-heading/Tariff item

Description

1.

5601 22 00

Cigarette filter rods

G.        LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 12% TO 5% WITH NO REFUND OF UNUTILISED INPUT TAX CREDIT:

S. No.

Chapter/Heading/Sub-heading/Tariff item

Description

1.

5801 37 20

Velvet fabric

H.      LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 3% TO 0.25%:

S. No.

Chapter/Heading/Sub-heading/Tariff item

Description

1.

7102

Diamonds and precious stones
  1. NIL GST RATE:
  1. Vibhuti
  2. Parts and accessories for manufacture of hearing aids.
  3. De-oiled rice bran

J.         LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR INCREASE FROM NIL TO 5%:

S.

No.

Chapter/Heading/Sub-heading/Tariff item

Description

1.

2302

Rice bran (other than de-oiled rice bran)

K.        CHANGES IN COMPENSATION CESS ON CERTAIN GOODS:

S. No

Chapter/Heading/Sub-heading/Tariff item

Description

Present Compensation Cess Rate

Compensation Cess Rate Recommended

  1.  

    8702

Motor vehicles [falling under heading 8702, as it was in excise regime] cleared as ambulances, duly fitted with all fitments, furniture and accessories necessary for an ambulance from the factory manufacturing such vehicles.10-13 seater buses and ambulances, subject to specified conditions.

15%

Nil
  1.  

87

Old and used motor vehicles [medium and large cars and SUVs], on the margin of the supplier, subject to the condition that no input tax credit of central excise duty/value added tax or GST paid on such vehicles has been availed by him.

Applicable rate

Nil
  1.  

87

All types of old and used motors vehicles [other than medium and large cars and SUVs] on the margin of the supplier of subject to the conditions that no input tax credit of central excise duty /value added tax or GST paid on such vehicles has been availed by him.

Applicable rate

Nil

L.        CHANGES IN IGST RATE RECOMMENDED ON CERTAIN GOODS:

S. No

Chapter/Heading/Sub-heading/Tariff item

Description

Present IGST Rate

IGST Rate Recommended

  1.  

88or any other chapter

 

Satellites and payloads and Scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mock ups and modules, raw material and consumables required for launch vehicles and satellites and payloads

18%

5%

M.       MODIFICATION IN DEFINITION/ CLARIFICATION IN RESPECT OF CHANGES IN GST/IGST RATES ON GOODS:

S. No

Chapter/Heading/Sub-heading/Tariff item

Description

Present GST Rate

Modification/clarification Recommended
  1.  

27

Poly Butylene Feed Stock & Liquefied Petroleum Gas

18%

 

The GST to apply only on the net quantity of Poly Butylene Feed Stock or Liquefied Petroleum Gases retained for the manufacture of Poly Iso Butylene or Propylene or di-butyl para cresol respectively, subject to specified conditions.
  1.  

Any chapter

Rail coach industry

Applicable GST rate

Only the goods falling under chapter 86 attract 5% GST rate with no refund of unutilised ITC.Goods falling in any other chapter will attract applicable GST rate under the respective chapters, even if supplied to the Indian railways.
  1.  

2701

Coal rejects

5% + ₹ 400 PMT Compensation Cess

Coal rejects fall under heading 2701 and attract 5% GST and ₹ 400 PMT Compensation Cess.

 

It is proposed to issue notification giving effect to the recommendations of the Council on 25th January, 2018 to be effective from 00 HRS on 25th January, 2018

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