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 and IGST rates on Imports of specified Goods have been
recommended.
A. 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:
a.
If
the supplier of such food preparations produces a certificate from an officer
not below the rank of the Deputy Secretary to the Government of India or not
below the rank of the Deputy Secretary to the State Government concerned to the
effect that such food preparations have been distributed free to the
economically weaker sections of the society under a programme duly approved by
the Central Government or the State Government concerned, within five months
from the date of supply of such goods or within such further period as the
jurisdictional Commissioner of Central tax or jurisdictional Commissioner of
State tax, as the case maybe, may allow in this regard.
2.
For S. No.5 above, the phrase registered brand name means:
a. A brand registered as on
15.05.2017 shall be deemed to be a registered brand for the purposes of levy of
5% GST, irrespective of whether or not such brand is subsequently deregistered.
b. A brand registered as on
15.05.2017 under the Copyright Act, 1957 shall also be treated as a registered
brand for the purposes of levy of 5% GST.
c. A brand registered as on
15.05.2017 under any law for the time being in force in any other country shall
also be deemed to be a registered brand for the purposes of levy of 5% GST.
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.
B. IGST EXEMPTION
ON IMPORTS OF GOODS:
|
S.
No
|
Description
|
Present
applicable IGST rate
|
Recommended
IGST rate
|
|
1
|
IGST
exemption on imports of rigs imported for oil / gas exploration and
production projects under lease, subject to the following conditions that:
(i) Integrated
tax leviable under section 5(1) of the IGST Act, 2017 on supply of service
covered by item 1(b) or 5(f) of Schedule II of the Central Goods and Services
Tax Act, 2017;
(ii) The
rig is not sold without the prior permission of the Commissioner of Customs
of the port of importation;
(iii) to
re-export the goods within 3 months from the expiry of the period for which
they were supplied under a transaction covered by item 1(b) or 5(f) of
Schedule II of the Central Goods and Services Tax Act, 2017 out of India;
(iv) to pay on demand
an amount equal to the integrated tax payable on the said goods but for the
exemption under this notification in the event of violation of any of the
above conditions and applicable interest.
|
5%
|
Nil
|
|
2
|
Exemption
from IGST on imports of medicines supplied free by international agencies
like UNICEF, WHO, Red Cross etc.
|
12%/5%
|
Nil
|
|
3
|
A. Exemption from
IGST on imports of bona fide gifts upto CIF value limit of Rs.
5000 imported through post or air.
|
28%
|
Nil
|
