Updated Item Wise List of Goods & Services Tax Rates in 2019

Updated Item Wise List of Goods & Services Tax Rates in 2019

Goods and Service Tax, as the name indicates, is an indirect tax applied to both goods and services, at a uniform rate. The GST tax system has primarily been implemented with the objective to eliminate numerous indirect taxes such as Service Tax, CST and VAT amongst others, as well as to treat both, goods and services at par.

The implementation of GST has been somewhat tricky, with as many as 36 GST Council Meetings, since the introduction of this unified tax system on July 1st, 2017 in India.

In the recently held 36th GST council meeting, a GST rate cut on electric vehicles, and related services was announced. This is in line with the government’s efforts to promote the purchase of electrical and hybrid vehicles, as a means to tackle the increasing problem of pollution. The new change has been put into effect since August 1st, 2019.

The following is the updated itemised list of GST rates.

Item GST

Electric Cars

5%

Chargers or Charging Stations

5%

e-Bus Hiring (seating capacity>12)

No GST

In the 34th GST Council Meeting held on 19th March 2019, the rates for affordable and non-affordable under-construction housing were slashed. These reduced rates, will however only be applicable in case where the builder or developer DOES NOT avail any input tax credit.

The following is the updated list of GST Rates 2019 with respect to the same.

Item GST

Affordable Under Construction Housing

1%

Non-Affordable Under Construction Housing

5%

In the 33rd GST Council Meeting held on 24th February 2019, the basic exemption limit for good suppliers was increased to Rs. 20 Lakh from Rs. 40 Lakh. The same remains unchanged for suppliers of services.

Yet another highlight of this meeting was the new composition scheme of a fixed GST rate at 6% for service providers with a turnover of over 50 Lakh per annum in the preceding financial year.

The large majority of changes in the GST rates were brought about after the 31st GST Council Meeting held on 22nd December 2018.

The following is the updated list of GST rates with respect to the same.

Item GST

Provisionally Preserved Vegetables

Nil

Steamed, Frozen, Boiled Vegetables

Nil

Music Books

Nil

Parts For Manufacturing Renewable Energy Devices(Chapter 84,85,94)

5%

Natural Cork

5%

Walking Stick

5%

Marble Rubble

5%

Fly Ash Blocks

5%

Agglomerated Cork

12%

Roughly Squared Or Debugged Cork

12%

Natural Cork Articles

12%

Movie Tickets Of Rs. 100 And Below

12%

Movies Tickets Above Rs. 100

18%

Retreated And Used Pneumatic Rubber Tyres

18%

Third-Party Insurance Of Vehicles

12%

Handicapped Mobility Vehicle Accessories

5%

Power Banks

18%

Video Game Consoles

18%

Equipment Used For Billiards And Snooker

18%

Sport Related Items With HSN Code 9504

18%

Colour Television Sets And Monitors Of Up To 32”

18%

Digital & Video Camera Recorders

18%

Pulleys, Transmission Shafts, Cranks And Gear Boxes Under Hsn 8483          

18%

Air Travel Of Pilgrims(For Non-Scheduled/Chartered Operations)

18%

Footwear

5%18% (based on transaction value)

Flexible Intermediate Bulk Container (Fibc)

12%

Yet another major change in the GST Rates 2019 was a result of the 28th GST Council Meeting held on 21st July 2018.

The following is the updated list of GST rates on goods with respect to the same.   

Item GST Rates

Rakhi (Other Than That Of Precious Or Semi-Precious Material )

Nil

 

Sanitary Napkins

Nil

Circulation And Commemorative Coins

Nil

Raw Material For Broom

Nil

Stone/Marble/Wood Deities

Nil

Sal Leaves And Its Products

Nil

Khali Dona

Nil

Coir Pith Compost

Nil

Chenille Fabrics And Other Fabrics Under 5801

5%

Handloom Dari

5%

Phosphoric Acid (Fertiliser Grade)

5%

Handmade Carpets, Textile Floor, Coverings

5%

Knitted Cap/Topi With Retail Sale Value Exceeding Rs. 1000  

12%

Kota Stones And Similar Stones (Other Than Polished)

5%

Ethanol For Sale To Oil Marketing Companies For Blending With Fuel

5%

Solid Bio Fuel Pellets

5%

Marine Engine

5%

Bamboo Flooring

12%

Hand Operated Rubber Roller

12%

Brass Kerosene Pressure Stove

12%

Zip And Slide Fastener

12%

Handicrafts (Excluding Handmade)           

12%

Handbags Including Pouches And Purses; Jewellery Box           

12%

Fuel Cell Vehicle

12%

Television Sets Up To 26.8”

18%

Glaziers’ Putty, Grafting Putty, Resin Cement

18%

Refrigerators, Freezers, Water Cooler, Milk Coolers, Ice Cream Freezer

18%

Washing Machines

18%

Food Grinders & Mixer

18%

Vacuum Cleaners

18%

Paints And Varnishes (Including Enamels And Lacquers)

18%

Shavers, Hair Clippers

18%

Hair Cleaners

18%

Storage Water Heaters

18%

Immersion Heaters

18%

Hair Dryers, Hand Dryers

18%

Electric Smoothing Irons

18%

Scent Sprays

18%

Toilet Sprays

18%

Pads For Application Of Cosmetics Or Toilet Preparations

18%

Lithium-Ion Batteries

18%

Powder Puffs

18%

Special Purpose Motor Vehicles

18%

Work Trucks (Self-Propelled, Not Fitted With Lifting Or Handling Equipment)

18%

Trailers &Semi Trailers

18%

Here is the updated GST rates list on goods with respect to the 31st GST Council Meeting.

Item GST Rates

Supply of e-Books    

5%

Supply of Multimodal Transportation       

12%

In the previously held GST Council Meetings, rates for other goods and services were fixed, and are as follows- 

Item GST

Vibhuti

0%

De-Oiled Rice Bran

0%

Parts Used To Manufacture Hearing Aids

0%

Old And Used Motor Vehicles [Medium And Large Cars And Suvs] Without ITC

18%

Public Transport Buses That Run On Biofuel

18%

Services Of Joy Rides

18%

Drinking Water Packed In 20 Litres Bottles

12%

Drip Irrigation System

12%

Sprinklers

12%

Biodiesel

12%

Drip Irrigation System

12%

Biodiesel

12%

Sugar Boiled Confectionery

12%

Services Of Construction Of Metro / Mono-Rail

12%

Mining Of Petrol Crude

12%

LPG For Household Use

5%

Tamarind Kernel Powder

5%

Mehndi Paste In Cones

5%

Raw Materials And Consumables Needed For Launch Vehicles/Satellites

5%

Tailoring Services

5%

Velvet Fabric (Without Refund Of ITC)

5%

Articles Of Straw, Of Esparto Or Of Other Plaiting Materials

 

5%

Diamonds And Precious Stones

0.25%

Rice Bran (Other Than De-Oiled Rice Bran)

5%

Cigarette Filter Rods

18%

Shampoo

18%

Perfume

18%

Tiles

18%

Watches

18%

Wet Grinders

12%

Tanks

12%

Condensed Milk

12%

Refined Sugar

12%

Diabetic Food

12%

Desiccated Coconut

5%

Idli/Dosa Batter

5%

Coir Products

5%

Duar Meal

Nil

Khandsari Sugar

Nil

Dried Vegetables

Nil

Restaurants In Hotels With Room Tariffs Less Than Rs. 7,500

5%

Restaurants In Hotels With Room Tariffs More Than Rs. 7,500

18%

Outdoor Catering Services

18%

The prevalent GST Rates for everyday goods are as follows:

Item GST

Milk

0%

Kajal

0%

Eggs

0%

Curd

0%

Lassi

0%

Children’s Drawing & Colouring Books

0%

Unpacked Food Grains        

0%

Unbranded Atta

0%

Unpacked Paneer     

0%

Unbranded Maida

0%

Besan

0%

Gur

0%

Unbranded Natural Honey

0%

Prasad

0%

Fresh Vegetables

0%

Palmyra Jaggery

0%

Salt

0%

PhoolJhadoo

0%

Sugar

5%

Packed Paneer

5%

Tea

5%

Coal

5%

Edible Oils

5%

Raisin

5%

Domestic LPG

5%

Roasted Coffee Beans

5%

Pds Kerosene

5%

Skimmed Milk Powder

5%

Cashew Nuts

5%

Milk Food For Babies

5%

Fabric

5%

Coir Mats, Matting & Floor Covering

5%

Footwear Less Than Rs. 500

5%

Apparel Less Than Rs. 1,000

5%

Spices

5%

Agarbatti

5%

Mishti/Mithai (Indian Sweets)

5%

Life-Saving Drugs

5%

Coffee (Instant)

5%

Butter Computers

12%

Ghee

12%

Processed Foods

12%

Almonds

12%

Mobiles

12%

Fruit Juices

12%

Preparations Of Vegetables, Fruits, Nuts Or Other PartsOf Plants Including Pickle Murabba, Chutney, Jam, Jelly

12%

Packed Coconut Water

12%

Umbrella

12%

Hair Oil

18%

Capital Goods

18%

Toothpaste

18%

Industrial Intermediaries

18%

Soap

18%

Ice-Cream

18%

Pasta

18%

Toiletries

18%

Corn Flakes

18%

Computers

18%

Soups

18%

Printers

18%

Small Cars (+1% Or 3% Cess)

28%

High-End Motorcycles (+15% Cess)

28%

Consumer Durables Such As AC And Fridge           

28%

Luxury & Sin Items Like Bmws, Cigarettes

And Aerated Drinks (+15% Cess)

28%

 The prevalent GST Rates for everyday services are as follows:

Item GST

Restaurants Serving Alcohol

18%

Non-AC Restaurants

12%

Education Services

Nil

Healthcare Services

Nil

This updated list of GST rates on various goods and services will certainly serve as a handy guide for tax purposes and other day-to-day calculations.

 

Also Read: What is the Impact of GST on a Personal Loan?

 

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