“15”
PRESS INFORMATION BUREAU
GOVERNMENT OF INDIA
RECOMMENDATIONS FOR CHANGES IN GST/IGST RATE AND CLARIFICATIONS IN
RESPECT OF GST RATE ON CERTAIN GOODS - As per discussions held in
the 25thGST Council Meeting
New Delhi, dated the January 18, 2018
The Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting
of the GST Council in New Delhi today. The Council has recommended certain in
GST/IGST rate and clarifications in respect of GST rate on Goods specified
below as per discussions in the 25thGST Council Meeting held today.
These decisions of the GST Council are being communicated for general
information, and will be given effect to through Gazette notifications /
circulars which only shall have the force of law.
1.
LIST
OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 28% TO 18%:
|
S. No.
|
Chapter/Heading/Sub-heading/Tariff
item
|
Description
|
|
1.
|
87
|
Old and used motor vehicles [medium and large cars and SUVs] on
the margin of the supplier, subject to the condition that no input tax credit
of central excise duty/value added tax or GST paid on such vehicles has been
availed by him.
|
|
2.
|
8702
|
Buses, for use in public transport, which exclusively run on
bio-fuels.
|
2.
LIST
OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 28% TO 12%:
|
S.
No.
|
Chapter/Heading/Sub-heading/Tariff
item
|
Description
|
|
87
|
All types of old and used motors vehicles [other than medium and
large cars and SUVs] on the margin of the supplier of subject to the
conditions that no input tax credit of central excise duty /value added tax
or GST paid on such vehicles has been availed by him.
|
3.
LIST
OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 18% TO 12%:
|
S.
No.
|
Chapter/Heading/Sub-heading/Tariff
item
|
Description
|
||||||||||||||||||||||||||
|
1.
|
1704
|
Sugar boiled
confectionary
|
||||||||||||||||||||||||||
|
2.
|
2201
|
Drinking water packed
in 20 litters bottles
|
||||||||||||||||||||||||||
|
3.
|
2809
|
Fertilizer grade
Phosphoric acid
|
||||||||||||||||||||||||||
|
4.
|
29 or 38
|
Bio-diesel
|
||||||||||||||||||||||||||
|
5
|
38
|
The following
Bio-pesticides, -
|
||||||||||||||||||||||||||
|
6.
|
4418
|
Bamboo wood building
joinery
|
||||||||||||||||||||||||||
|
7.
|
8424
|
Drip irrigation system
including laterals, sprinklers
|
||||||||||||||||||||||||||
|
8.
|
8424
|
Mechanical Sprayer
|
D. LIST
OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 18% TO 5%:
|
S.
No.
|
Chapter/Heading/Sub-heading/Tariff
item
|
Description
|
|
1.
|
13
|
Tamarind Kernel Powder
|
|
2.
|
1404/3305
|
Mehendi paste in cones
|
|
3.
|
2711
|
LPG supplied for supply to household domestic consumers by
private LPG distributors
|
|
4.
|
88 or any other chapter
|
Scientific and technical instruments, apparatus, equipment,
accessories, parts, components, spares, tools, mock ups and modules, raw
material and consumables required for launch vehicles and satellites and
payloads
|
E. LIST
OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 12% TO 5%:
|
S.
No.
|
Chapter/Heading/Sub-heading/Tariff
item
|
Description
|
|
1.
|
4601, 4602
|
Articles of straw, of
esparto or of other plaiting materials; basketware and wickerwork
|
F. LIST
OF GOODS ON WHICH GST RATE RECOMMENDED FOR INCREASE FROM 12% TO 18%:
|
S.
No.
|
Chapter/Heading/Sub-heading/Tariff
item
|
Description
|
|
1.
|
5601 22 00
|
Cigarette filter rods
|
G. LIST
OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 12% TO 5% WITH NO
REFUND OF UNUTILISED INPUT TAX CREDIT:
|
S.
No.
|
Chapter/Heading/Sub-heading/Tariff
item
|
Description
|
|
1.
|
5801 37 20
|
Velvet fabric
|
H. LIST
OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 3% TO 0.25%:
|
S.
No.
|
Chapter/Heading/Sub-heading/Tariff
item
|
Description
|
|
1.
|
7102
|
Diamonds and precious
stones
|
1.
NIL
GST RATE:
1.
Vibhuti
2.
Parts and accessories
for manufacture of hearing aids.
3.
De-oiled rice bran
J. LIST
OF GOODS ON WHICH GST RATE RECOMMENDED FOR INCREASE FROM NIL TO 5%:
|
S.
No.
|
Chapter/Heading/Sub-heading/Tariff
item
|
Description
|
|
1.
|
2302
|
Rice bran (other than
de-oiled rice bran)
|
K.
CHANGES IN COMPENSATION CESS
ON CERTAIN GOODS:
|
S.
No
|
Chapter/
Heading/
Sub-heading/
Tariff item
|
Description
|
Present Compensation Cess Rate
|
Compensation Cess Rate Recommended
|
|
8702
|
Motor vehicles [falling under heading 8702, as it was in excise
regime] cleared as ambulances, duly fitted with all fitments, furniture and
accessories necessary for an ambulance from the factory manufacturing such
vehicles.10-13 seater buses and ambulances, subject to specified conditions.
|
15%
|
Nil
|
|
|
87
|
Old and used motor vehicles [medium and large cars and SUVs], on
the margin of the supplier, subject to the condition that no input tax credit
of central excise duty/value added tax or GST paid on such vehicles has been
availed by him.
|
Applicable rate
|
Nil
|
|
|
87
|
All types of old and used motors vehicles [other than medium and
large cars and SUVs] on the margin of the supplier of subject to the
conditions that no input tax credit of central excise duty /value added tax
or GST paid on such vehicles has been availed by him.
|
Applicable rate
|
Nil
|
L. CHANGES
IN IGST RATE RECOMMENDED ON CERTAIN GOODS:
|
S.
No
|
Chapter/
Heading/
Sub-heading/
Tariff item
|
Description
|
Present IGST Rate
|
IGST Rate Recommended
|
|
88or any other chapter
|
Satellites and payloads and Scientific and technical
instruments, apparatus, equipment, accessories, parts, components, spares,
tools, mock ups and modules, raw material and consumables required for launch
vehicles and satellites and payloads
|
18%
|
5%
|
M. MODIFICATION
IN DEFINITION/ CLARIFICATION IN RESPECT OF CHANGES IN GST/IGST RATES ON GOODS:
|
S.
No
|
Chapter/
Heading/
Sub-heading/
Tariff item
|
Description
|
Present GST Rate
|
Modification/clarification Recommended
|
|
27
|
Poly Butylene Feed Stock & Liquefied Petroleum Gas
|
18%
|
The GST to apply only on the net quantity of Poly Butylene Feed
Stock or Liquefied Petroleum Gases retained for the manufacture of Poly Iso
Butylene or Propylene or di-butyl para cresol respectively, subject to
specified conditions.
|
|
|
Any chapter
|
Rail coach industry
|
Applicable GST rate
|
Only the goods falling under chapter 86 attract 5% GST rate with
no refund of unutilised ITC.Goods falling in any other chapter will attract
applicable GST rate under the respective chapters, even if supplied to the
Indian railways.
|
|
|
2701
|
Coal rejects
|
5% + Rs. 400 PMT Compensation Cess
|
Coal rejects fall under heading 2701 and attract 5% GST and Rs.
400 PMT Compensation Cess.
|
It is proposed to issue
notification giving effect to the recommendations of the Council on 25th January,
2018 to be effective from 00 HRS on 25th January, 2018
**********
DSM/SBS
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