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As per discussions held in the 22nd GST Council Meeting held under Chairmanship of Union Finance Minister Shri Arun Jaitley on 6th October, 2017, the following changes in GST rates for certain Goods have been recommended.
GST RATE FOR FOLLOWING GOODS HAVE BEEN REDUCED
S. No. | Chapter/Heading/Sub-heading/Tariff item | Description | Present GST Rate | GST Rate Recommended by the GST Council |
1. | 0804 | Mangoes sliced dried | 12% | 5% |
2. | 1905 or 2106 | Khakra and plain chapati / roti | 12% | 5% |
3. | 19 or 21 | Food preparations put up in unit containers and intended for free distribution to economically weaker sections of the society under a programme duly approved by the Central Government or any State Government, subject to specified conditions [Foot note 1] | 18% | 5 %
|
4. | 21 | Namkeens other than those put up in unit container and, - (a) bearing a registered brand name; or (b) bearing a brand name on which an actionable claim or enforceable right in a court of law is available [other than those where any actionable claim or enforceable right in respect of such brand name has been foregone voluntarily [Foot note 2] | 12% | 5% |
5. | 2710 | Imposing GST only on the net quantity of superior kerosene oil [SKO] retained for the manufacture of Linear Alkyl Benzene [LAB] | 18% | 18% [Clarification to be issued] |
6. | 30 | Ayurvedic, Unani, Siddha, Homeopathy medicines, other than those bearing a brand name [Foot note 3] | 12% | 5% |
7. | 3213 | Poster Colour | 28% | 18% |
8. | 3407 | Modelling paste for children amusement | 28% | 18% |
9. | 3915 | Plastic waste, parings or scrap | 18% | 5% |
10. | 4004 00 00 | Rubber waste, parings or scrap | 18% | 5% |
11. | 4017 00 20 | Hard Rubber waste or scrap | 28% | 5% |
12. | 4707 | Paper waste or scrap | 12% | 5% |
13. | 4907 | Duty credit scrips | 5% | Nil |
14. | 5401 | Sewing thread of manmade filaments, whether or not put up for retail sale | 18% | 12% |
15. | 5402, 5404, 5406 | All synthetic filament yarn, such as nylon, polyester, acrylic, etc. | 18% | 12% |
16. | 5403, 5405, 5406 | All artificial filament yarn, such as viscose rayon, Cuprammonium, | 18% | 12% |
17. | 5508 | Sewing thread of manmade staple fibres | 18% | 12% |
18. | 5509, 5510, 5511 | Yarn of manmade staple fibres | 18% | 12% |
19. | 5605 | Real Zari | 12% | 5% |
20. | 6802 | All goods falling under heading 6802 [other than those of marble and granite or those which attract 12% GST] | 28% | 18% |
21. | 7001 | Cullet or other waste or scrap of Glass | 18% | 5% |
22. | 8305 | Fittings for loose-leaf binders or files, letter clips, letter corners, paper clips, indexing tags and similar office articles, of base metal; staples in strips (for example, for offices, upholstery, packaging), of base metal | 28% | 18% |
23. | 8483 | Plain Shaft Bearing 8483 | 28% | 18% |
24. | 84 | Parts suitable for use solely or principally with fixed Speed Diesel Engines of power not exceeding 15HP | 28% | 18% |
25. | 84 or 85 | Parts suitable for use solely or principally with power driven pumps primarily designed for handling water, namely, centrifugal pumps (horizontal and vertical), deep tube-well turbine pumps, submersible pumps, axial flow and mixed flow vertical pumps | 28% | 18% |
26. | 84 or 85 | E-Waste | 28%/18% | 5% |
27. | Any Chapter | Biomass briquettes | 18% | 5% |
Foot note;
1. Reduction in GST rate against S. No 4 above is subject to following condition:
2. For S. No.5 above, the phrase registered brand name means:
3. For S. No. 7 above, the phrase “brand name” is defined as:
"brand name" or "trade name" means a brand name or a trade name, whether registered or not, that is to say, a name or a mark, such as symbol, monogram, label, signature or invented word or writing which is used in relation to such specified goods for the purpose of indicating, or so as to indicate a connection in the course of trade between such specified goods and some person using such name or mark with or without any indication of the identity of that person.
GST rate reductions for specified goods expand lower-rate coverage, with conditions for branded items and free-distribution supplies. Recommended GST rate reductions apply to a specified list of goods across foodstuffs, textiles, wastes/scrap, industrial inputs and consumer items, subject to operative conditions: production of a government-officer certificate for free-distribution food supplies to economically weaker sections; limitation of branded-item reductions to products bearing registered brands or brands with actionable legal rights; recognition of brands registered by a specified historical cut-off (including certain foreign and copyright registrations) as eligible; and definitional rules for 'brand name' or 'trade name'. Clarifications will be issued where necessary and one entry moves to nil rate. of Press 'Enter' after typing page number.
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