GST Rates Chapter 88
[ As per discussions in GST Council Meeting held on 18th may 2017, 3rd June 2017, 11th June 2017 and 18th June 2017 ]
CHAPTER 88 : AIRCRAFT, SPACECRAFT, AND PARTS THEREOF |
GST RATES
| Nil : | 1. | Spacecraft (including satellites) and suborbital and spacecraft launch vehicles : 8802 60 00 |
| 2. | 8803 – Parts of goods of heading 8801 | |
| 5% : | 1. | 8802 – Other aircraft (for example, helicopters, aeroplanes), other than those for personal use |
| 2. | 8803 – Parts of goods of heading 8802 | |
| 18% : | 1. | Balloons and dirigibles, gliders and other non-powered aircraft : 8801. |
| 2. | Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto and parts thereof : 8804. | |
| 3. | Aircraft launching gear, deck arrestor or similar gear; ground flying trainers and parts thereof : 8805 | |
| 28% : | All goods not specified elsewhere. | |
| 1. | 8802 – Aircrafts for personal use | |
COMPENSATION CESS RATES
| Description of supply | Tariff item, heading, sub- heading, Chapter, of goods or service, as the case may be | Rate for GST Compensation Cess |
| (1) | (2) | (3) |
| ♦ Aircrafts for personal use. | 8802 | 3% |