Decisions in
GST Council Meet of 11 June 2017 to GST Rates on Goods and Services
|
A. |
GST Rate
for 69 Goods
Revised |
1 |
|
B. |
Services to
– ·
Government, Job Work for
Textiles, Diamond, Leather, Book Printing · Cinema Ticket below Rs. 100 |
3 |
|
C. |
Composition Levy Threshold
Raised to Rs. 75 lakhs from Rs. 50 lakhs |
3 |
|
D. |
IGST Exemption under GST · Customs · Interstate Movement of Mode of
Conveyance Exempted from IGST |
4 |
A. GST Rate
for
69 Goods Revised
[As per discussions in the 16th GST Council Meeting held on 11th June, 2017]
|
SNo |
Chapter / Heading/ Sub- heading/ Tariff item |
Description of goods |
|
Earlier GST rate
approved by the GST Council |
Revised
GST Rate approved by
the GST Council |
|
1. |
0506, |
Bones and horn cores, bone grist, bone meal, etc.;
hoof meal, horn meal, etc. |
… |
5% |
0% |
|
2. |
0801 |
Cashew nut |
… |
12% |
5% |
|
3. |
0801 |
Cashew nut in shell |
… |
12% |
5% [under reverse charge] |
|
4. |
0806 |
Raisin |
… |
12% |
5% |
|
5. |
1104 |
Cereal grains
hulled |
… |
5% |
0% |
|
6. |
1702 |
Palmyra jaggery |
… |
18% |
0% |
|
7. |
20 [All goods] |
Preparations of
vegetables, fruits, nuts or other
parts of plants, including pickle, murabba, chutney, jam,
jelly |
… |
18%/ |
12% |
|
8. |
2103, |
Ketchup & Sauces
[other than curry paste; mayonnaise and salad dressings; mixed condiments and
mixed seasonings],
Mustard sauces |
… |
18% |
12% |
|
9. |
2103 90 10, 2103 90 30,
2103 90 40 |
Curry paste;
mayonnaise
and salad dressings; mixed condiments
and mixed seasonings |
… |
28% |
18% |
|
10. |
2106 |
Bari made of pulses including mungodi |
… |
18% |
12% |
|
11. |
2201 90 10 |
Ice and snow |
… |
12% |
5% |
|
12. |
2501 |
Salt, all types |
… |
5% |
0% |
|
13. |
27 |
Bio gas |
… |
12% |
5% |
|
14. |
28 |
Dicalcium phosphate (DCP) of animal feed
grade conforming
to IS specification
No.5470: 2002 |
… |
12% |
0% |
|
15. |
30 |
Insulin |
… |
12% |
5% |
|
16. |
29, 30, 3302 |
(i) Menthol and menthol crystals, (ii) Peppermint (Mentha Oil), (iii) Fractionated/ de-terpenated mentha oil (DTMO), (iv) De-mentholised
oil (DMO), (v) Spearmint oil, (vi) Mentha piperita oil |
… |
18% |
12% |
|
17. |
3304 20 00 |
Kajal [other than kajal
pencil sticks] |
… |
28% |
Nil |
|
18. |
3304 20 00 |
Kajal
pencil sticks |
… |
28% |
18% |
|
19. |
3307 |
Agarbatti |
… |
12% |
5% |
|
20. |
3407 |
Dental
wax |
… |
28% |
18% |
|
21. |
3822 |
All diagnostic kits
and reagents |
… |
18% |
12% |
|
22. |
3926 |
Plastic beads |
… |
28% |
12% |
|
23. |
3926 90 99 |
Plastic Tarpaulin |
… |
28% |
18% |
|
24. |
4202 |
(i) School satchels and bags
other than of leather or composition
leather; (ii) Toilet cases
[4202 12 10]; (iii) Hand bags and
shopping bags of artificial plastic material [4202 22 10], of
cotton [4202 22 20], of jute [4202 22 30],
vanity bags [4202
22 40]; (iv) Handbags of other
materials excluding
wicker work or basket work [4202 29 10]. |
… |
28% |
18% |
|
25. |
4820 |
Exercise
books and
note books |
… |
18% |
12% |
|
26. |
4823 |
Kites |
… |
12% |
5% |
|
27. |
4903 |
Children’s' picture, drawing
or colouring books |
… |
12% |
Nil |
|
28. |
57 |
Coir mats,
matting and floor
covering |
… |
12% |
5% |
|
29. |
65 [All goods] |
Headgear and
parts
thereof |
… |
28% |
18% |
|
30. |
6703 |
Human hair, dressed, thinned, bleached or otherwise worked |
… |
28% |
0% |
|
31. |
68 |
Fly
ash blocks |
… |
28% |
12% |
|
32. |
6810 11 90 |
Pre cast Concrete
Pipes |
… |
28% |
18% |
|
33. |
6906 |
Salt Glazed
Stone Ware Pipes |
… |
28% |
18% |
|
34. |
7015 10 |
Glasses for corrective spectacles
and flint buttons |
… |
18% |
12% |
|
35. |
71 |
Rough precious and semi-precious stones |
… |
3% |
0.25% |
|
36. |
7607 |
Aluminium foil |
… |
28% |
18% |
|
37. |
8215 |
Spoons,
forks, ladles, skimmers, cake
servers, fish knives,
tongs |
… |
18% |
12% |
|
38. |
8308 |
All goods, including hooks and eyes |
… |
28% |
18% |
|
39. |
84 |
Pawan
Chakki that is
Air Based Atta Chakki |
… |
28% |
5% |
|
40. |
84 |
Fixed Speed Diesel Engines |
… |
28% |
12% |
|
41. |
4011 |
Rear
Tractor tyres and
rear
tractor tyre tubes |
… |
28% |
18% |
|
42. |
8708 |
Rear
Tractor wheel rim,
tractor centre housing, tractor
housing transmission, tractor support front axle |
… |
28% |
18% |
|
43. |
8423 & 9016 |
Weighing Machinery [other than electric or electronic
weighing machinery] |
… |
28% |
18% |
|
44. |
8443 |
Printers [other
than multifunction printers] |
… |
28% |
18% |
|
45. |
8482 |
Ball bearing,
Roller Bearings, Parts &
related accessories |
… |
28% |
18% |
|
46. |
8504 |
Transformers Industrial Electronics |
… |
28% |
18% |
|
47. |
8504 |
Electrical Transformer |
… |
28% |
18% |
|
48. |
8504 |
Static Convertors
(UPS) |
… |
28% |
18% |
|
49. |
8521 |
Recorder |
… |
28% |
18% |
|
50. |
8525 |
CCTV |
… |
28% |
18% |
|
51. |
8525 60 |
Two-way radio (Walkie talkie) used by
defence, police and paramilitary forces etc. |
… |
28% |
12% |
|
52. |
8528 |
Set top Box for TV |
… |
28% |
18% |
|
53. |
8528 |
Computer monitors not exceeding
17 inches |
… |
28% |
18% |
|
54. |
8539 |
Electrical Filaments or discharge lamps |
… |
28% |
18% |
|
55. |
8544 |
Winding Wires |
… |
28% |
18% |
|
56. |
8544 |
Coaxial cables |
… |
28% |
18% |
|
57. |
8544 70 |
Optical Fiber |
… |
28% |
18% |
|
58. |
8472 |
Perforating or stapling machines (staplers), pencil sharpening machines |
… |
28% |
18% |
|
59. |
8715 |
Baby
carriages |
… |
28% |
18% |
|
60. |
9002 |
Intraocular
lens |
… |
18% |
12% |
|
61. |
9004 |
Spectacles, corrective |
… |
18% |
12% |
|
62. |
9017 |
Instruments for measuring length,
for use in the
hand (for example, measuring rods and
tapes, micrometers, callipers) |
… |
28% |
18% |
|
63. |
9403 |
Bamboo furniture |
… |
28% |
18% |
|
64. |
9504 |
Playing cards, chess board, carom board and
other board games, like ludo, etc. [other
than Video game consoles and
Machines] |
… |
28% |
12% |
|
65. |
9506 |
Swimming pools and
padding pools |
… |
28% |
18% |
|
66. |
9603 10 00 |
Muddhas made of sarkanda and phool bahari jhadoo |
… |
5% |
0% |
|
67. |
9704 |
Postage or revenue
stamps, stamp-post
marks, first-day covers, etc. |
… |
12% |
5% |
|
68. |
9705 |
Numismatic coins |
… |
12% |
5% |
|
69. |
4823 90 11, 8472, 9101, 9102, 9021 |
Braille paper, braille typewriters, braille watches, hearing aids and other
appliances to compensate for a defect
or disability [These goods are covered in List
32 appended to notification No.12/2012-Customs, dated
17.03.2012 and are already at 5% GST rate
(Chapter 90)] |
… |
- |
5% |
B. Services to – Government, Job Work for Textiles,
Diamond, Leather, Book Printing
· Cinema Ticket below Rs. 100
1. In
the list of service tax exemptions to be continued
in GST as approved
by
the GST Council,
after
SNo.83, the following shall be inserted –
|
Sl. No. |
Proposal/ request |
|
84. |
Pure services (excluding works contract service or other
composite supplies involving supply of any goods)
provided to Government, a local authority
or
a Governmental authority by
way
of any activity in relation
to any function entrusted to a Panchayat
under Article 243G of the Constitution or to any function entrusted
to a Municipality under
Article 243W of the Constitution |
|
85. |
Services provided to the Government under any insurance scheme for which total premium is paid by Government |
|
86. |
Services provided to the Government under any training programme for which total expenditure is borne
by the Government |
2. In
the schedule of
GST Rates
for Services as
approved by the GST Council,
after
S.No. 13, the following shall be inserted –
|
Sl. No. |
Description of
Services |
GST Rate |
|
13A |
Services by way of
job work in relation to – a) Textile yarns (other than man-made fibre/filament) &
textile fabrics b)
Cut and polished diamonds; precious and semi-precious stones,
or plain and studded jewellery of gold and other precious metals,
falling under chapter 71
of HSN c) Printing of books
(including braille
books), journals and periodicals
d)
Processing of leather |
5% with Full ITC |
|
27A |
Services by way of
right to
admission to exhibition
of cinematographic films where
the consideration for
admission
is Rs. 100 or less. |
18% with Full ITC |
3. Exemption
from registration under
section 23(2) of the CGST
Act 2017 of –
1. Individual
advocates (including senior advocates)
2. Individual sponsorship service providers (including players)
C. Composition Levy Threshold Raised to Rs. 75
lakhs from Rs. 50 lakhs
[As per discussions in the 16th GST Council Meeting held on 11th June,
2017]
Sub section (1) of section 10 read with sub-section (2) of
the same section of the Central Goods and Services Tax Act, 2017 [CGST Act]
provides that an eligible registered person, whose aggregate turnover in the
preceding financial year did not exceed Rs.50 lakh, may opt to pay, in lieu of
the tax payable by him, an amount calculated at the rate of:
1. 1% of turnover in State or turnover in Union Territory in case
of a manufacturer;
2. 2.5% of turnover in State or turnover in Union Territory in case
of persons engaged in making supplies referred to in Paragraph 6(b) of Schedule
II to the CGST Act; and
3. 0.5% of turnover in State or turnover in Union Territory in case
of other suppliers.
2. The said sub-section also provides that the said limit may be
increased upto Rs.1 crore on the recommendations of the GST Council.
3. The GST Council, in its meeting held on 11th June, 2017, has
recommended increase in the aforesaid turnover limit for Composition Levy for
CGST and SGST purposes from Rs.50 lakh to Rs.75 lakh in respect of all eligible
registered persons, referred to in the aforesaid subsection. However, whether
the same increased turnover limit for Composition levy will apply in case of
Special Category States or not will be decided in the next GST Council meeting.
D. IGST
Exemption under GST
· Customs
· Interstate Movement of Mode of
Conveyance Exempted from IGST
[As per discussions in the 16th
GST Council Meeting held on 11th June, 2017]
I. Bilateral Commitments
– Imports under Agreement between India
and Pakistan / Bangladesh for regulation of Bus Service
|
SNo. |
Notification |
Gist of the notification |
|
1. |
No.4/99-Customs, dated
08.01.1999 |
1. Passenger bus; and 2. Spares, fuel
and consumables for the
passenger bus
imported under the Agreement
between India and Pakistan for
regulation of Bus Service between New Delhi and Lahore or under the Agreement between India and Bangladesh for
regulation of Bus Service between Calcutta
and Dhaka. These imports will be exempt from IGST. |
II. Technical Exemptions for Temporary import/Re-Import
|
SNo. |
Notification |
Gist of the notification |
|
1. |
No.40/2015-Customs, dated 21.07.2015 |
Import of Diamonds for Certification / Grading &
Re-export in terms of
Para 4.42 of the
FTP 2015-20, by the agencies mentioned in Para 4.42 of
FTP, without payment of all Customs duties after executing
bond with Customs. These imports will be exempt from IGST. |
|
2. |
No.9/2012-Customs, dated
09.03.2012 |
An exporter (with
annual export turnover of Rs 5
crore for each of the last three years) may export cut & polished diamonds (each of 0.25
carat or above) to specified testing agencies/laboratories abroad [as mentioned
under paragraph
4.74 of the Handbook
of Procedures] for testing. On their re-import [within
3 months from the date of export] such cut
and polished diamonds are exempt from customs duties [BCD, CVD and SAD]. These imports will be exempt from IGST. |
|
3. |
No exemption
at present |
Inter-state movement of any mode of conveyance between distinct
persons as defined under section 25(4) of the Central Goods and Services Tax Act, 217, including i. Trains ii. Buses iii. Trucks iv. Tankers v. Trailers vi. Vessels vii. Containers a) Carrying
goods or passengers or
both; or b) For repairs
and maintenance, [except in cases where such movement is for further
supply of the
same conveyance] shall be treated neither as a supply of goods
or supply of service and therefore,
not be leviable to IGST. However, applicable CGST/SGST/IGST,
as the case
may be, shall be
leviable on repairs and
maintenance done. |