GST Rates on Goods

By Registrationwala

2nd June 2017


On 19 May 2017 during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir the fitment of rates of services were discussed. The information 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 effect to through gazette notifications which shall have a force of law.

The Council has broadly approved the GST rates for Goods at Nil, 5%, 12%, 18% and 28% as elaborated further. Food items such as milk curd eggs and butter will be charged at nil rate but whereas butter and ghee and other processed Diary products will be charged at 12%, potatoes and onions and tomatoes will also not be charged with GST, Also products such as Flour Aata, Maida, Besan (other than those put up in unit container and bearing a registered brand name) will also not be charged be charged.

Unprocessed coffee and tea will also be charged nil rate of GST but all roasted and proceed coffee and tea will have GST levied on them at the rate of 5%, aerated drinks and soft drinks which have added sugar and flavors will be charged at the rate of 28%, tobacco will also be charged at the rate of 28% but the GST rate levied on biris is yet be decided.

Household items such as LED lights will be charged at a 12% rate whereas household furniture’s such as mattress and quilts will be charged at the rate of 28%, LPG for supply to household domestic consumers or to non-domestic exempted category (NDEC) customers by the Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited or Bharat Petroleum Corporation Limited, will have a 5% tax rate levied on it. While products like kerosene, naphtha, and LPG will be under the ambit of GST, five items which are crude oil, natural gas, aviation fuel, diesel, and petrol have been excluded from the basket for the initial years. Further video games and gaming consoles will be charged tax at the rate of 28% whereas mobile phones will only be charged a tax rate of 12% to 18%.

Beauty product Shampoos, Hair lacquers, Hair Cream, Hair dyes deodorants and perfumes Shaving cream toothpaste toiletry will be charged at the rate of 28%. Further Pharmaceutical products will be charged at 5% and 12% rate depending on the list they specified under such as drugs and medicines included in list 3and list 4 will be charged at 5% whereas pharmaceutical products such as Ayurvedic, Unani, homoeopathic Siddha or Biochemical systems medicaments, put up for retail sale will be-be taxed at the rate of 12% bandages and plaster will also be levied with the same tax rate of 12%.

The rate structure for the certain commodities is yet to be decided and will be furnished in later such commodities are Biri wrapper leaves (tendu patta), Biscuits, Biris, Textiles, Footwear, Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery and coins.

Power driven Agricultural, horticultural, forestry, poultry keeping or bee-keeping Machinery, Harvesting or threshing machinery, machines for cleaning, sorting or grading, machinery used in milling industry and parts thereof


GST Rates on Goods