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Full GST rate list

Author: Dimple Shah
by Dimple Shah
Posted: May 22, 2017

Food grains will cost less from July 1 when the nation-wide Goods and Service Tax (GST) is rolled out as the GST Council today decided to exempt the daily-use commodities from the levy.

Here's a complete list of the rates of all 1,211 items but six were finalised at the first day of the two-day meeting in Srinagar of the GST Council, headed by Union Finance Minister Arun Jaitley and comprising state representatives.

Also, here's a complete list of all the items that the GST Council has broadly approved as the rates of GST Compensation Cess to be levied on certain goods.

GST RATE SCHEDULE FOR GOODS

[As per discussions in the GST Council Meeting held on 18th May, 2017]

The fitment of rates of goods were discussed today during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. The information is being uploaded immediately after the GST Council’s decision and it will be subject to further vetting during which the list may undergo some changes.

GST rates for certain goods like textile, footwear, biris, precious metals, etc. are yet to be decided by the GST Council. The footnote below the table gives the list of such goods.

Note:

The rate structure for the following commodities is yet to be decided:

  1. Biri wrapper leaves (tendu patta) – Ch. 14

  2. Biscuits – Ch.19

  3. Biris – Ch. 24

  4. Textiles – Ch. 50 to 63

  5. Footwear – Ch. 64

  6. Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin – Ch. 71

  7. 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 [8432, 8433, 8436 and 8437]

Foodgrains are slated to cost less from July 1

GST MEETINGGST COUNCILARUN JAITLEYGST RATESFULL LIST OF GST ITEMSGSTGST

Click Here for the Gst Rates List

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Hi, My name is dimple shah and this is the News article Blog

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Author: Dimple Shah

Dimple Shah

Member since: May 08, 2017
Published articles: 447

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