GST rates reduced compared to present tax System – List of Items

By | June 16, 2017
(Last Updated On: June 16, 2017)

Reduced Tax Liabilities under GST regime in comparison to present combined Indirect Tax rates

The new indirect tax regime in the country is to come into effect from 01.07.2017, wherein fixation of GST rates on the supplies is joint responsibility of the Central and State governments after the approval from the GST Council.

In a majority of supplies of goods, the tax incidence approved by the GST Council is much lower than the present combined indirect tax rates levied [on account of central excise duty rates / embedded central excise duty rates / service tax post-clearance embedding, VAT rates or weighted average VAT rates, cascading of VAT over excise duty and tax incidence on account of CST, Octroi, Entry Tax, etc.] by the Centre and States.

[ Read also GST Rates for Goods ( India ) Chapter Wise ]

A list of such supplies, where the GST incidence is lower than the present combined indirect tax rates are reflected as under:

 

S. 

No.

Chapter / Heading / Sub-heading / Tariff itemDescription of goods
14Milk powder
24Curd, Lassi, Butter milk put up in unit container
34Unbranded Natural Honey
40401Ultra High Temperature (UHT) Milk
50405Dairy spreads
60406Cheese
7801Cashew nut
8806Raisin
99Spices
109Tea
1110Wheat
1210Rice
1311Flour
1415Soyabean oil
1515Groundnut oil
1615Palm oil
1715Sunflower oil
1815Coconut oil
1915Mustard Oil
2015Sunflower oil
2115Other vegetable edible oils
2217Sugar
231702Palmyra jaggery
241704Sugar confectionery
251902Pasta, spaghetti, macaroni, noodles
2620Fruit and vegetable items and other food products
272001, 2004Pickle, Murabba, Chutney
2821Sweetmeats
292103Ketchup & Sauces
302103 30 00Mustard Sauce
312103 90 90Toppings, spreads and sauces
322106Instant Food Mixes
332106Other pulses bari (mungodi)
3422Mineral water
352201 90 10Ice and snow
3625Cement
3727Coal
3827Kerosene PDS
3927LPG Domestic
4030Insulin
4133Agarbatti
4233Tooth powder
4333Hair oil
4433Toothpaste
453304 20 00Kajal [other than kajal pencil sticks]
4634Soap
4737X ray films for medical use
483822Diagnostic kits and reagents
493926 90 99Plastic Tarpaulin
504202School Bag
514820Exercise books and note books
524823Kites
534903Childrens’ picture, drawing or colouring books
5450Silk fabrics
5551Woollen fabrics
5652Cotton fabrics not containing any other textile material
5753Other Vegetable yarn fabrics
5854, 55Manmade filament/fibre fabrics
5961, 62, 63Readymade garments and made up articles of textiles of sale value not exceeding Rs. 1000 per piece
6061, 62, 63Readymade garments and made up articles of textiles  of sale value exceeding Rs. 1000 per piece
6164Footwear of RSP upto Rs. 500 per pair
6264Other footwear
6365Helmet
6465Headgear and parts thereof
6568Fly ash bricks and fly ash blocks
66701510Glasses for corrective spectacles and flint buttons
6773LPG Stove
6876Aluminium foils
698215Spoons, forks, ladles, skimmers, cake servers, fish knives, tongs
7084Fixed Speed Diesel Engines of power not exceeding 15HP
714011Tractor rear tyres and tractor rear tyre tubes
728423 & 9016Weighing Machinery [other than electric and electronic]
738443Printers [other than multifunction printers]
748521Recorder
758525CCTV
768452Sewing Machine
778472Staplers
788703Car for Physically handicapped person
798715Baby carriages
80900140, 900150Spectacles Lenses
819002Intraocular lens
829004Spectacles, corrective
8391Braille Watches
8494Medical furniture
8594LED
8694Kerosene pressure lantern
879403Bamboo furniture
889506Sports goods other than articles and equipments for general physical exercise
8996031000Phul-jahroo

 

Source Ministry of Finance, Govt of India , 15-June, 2017

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