CBEC recommends changes in Integrated GST Rates on certain goods

CBEC recommends changes in Integrated GST Rates on certain goods

RECOMMENDATIONS FOR CHANGES IN GST/IGST RATE ANDCLARIFICATIONS IN RESPECT OF GST RATE ON CERTAIN GOODS

[As per discussions in the 23rd GST Council Meeting held on 10th November, 2017]

These decisions of the GST Council are being communicated for general information, andwill be given effect to through Gazette notifications / circulars which only shall have the force oflaw.

CHANGES IN IGST RATE RECOMMENDED ON CERTAIN GOODS

S. No.	Chapter/Heading/ Subheading/Tariff item	Description	Present IGST Rate	IGST Rate Recommended
1.	0402	Skimmed milk powder, or concentrated milk [To extend the benefit of notification No. 30/2017 - Integrated Tax (Rate) dated 22nd September, 2017 applicable in relation to milk distributed through dairy co-operatives to milk distributed through companies registered under the companies Act.]	Exempt from IGST, subject to certain conditions, under notification No. 30/2017- Integrated Tax (Rate) dated 22nd September, 2017	Nil [On inter-state supply]
2.	30	Imported Lifesaving Medicines for personal use supplied free of cost by overseas supplier, subject to conditions that: i. Drugs and medicines are supplied free of cost for free, for personal use, ii. Certification by the DGHS of Centre or State [or an equivalent officer of the State] that these medicines are lifesaving; and iii. Other specified conditions to ensure that the proposed exemption reaches to intended patients]	12/5%	Nil [On import]
3.	Any chapter	All goods, vessels, ships, rigs [other than motor vehicles] etc. imported under lease, subject to condition that IGST is paid on such lease amount. At present, exemption is available for i. Imported aircrafts and aircraft engines under lease; ii. Imported goods for temporary period under lease; iii. Imported Oils rigs and associated goods under lease	Applicable IGST rate	Nil [On import]
4.	All goods	ATA Carnet System Expanding the scope of exemption from IGST, so as to extend the exemption to: i. Professional equipment by accredited press persons who visit India for covering national / international events ii. Equipment for broadcasting of events (sound and television) iii. Goods imported for sports purposes and iv. Testing, measurement and calibration equipment. subject to existing condition of re-export of these goods within specified period and other condition.	Temporary import is exempt	Nil [On import]
5.	Any chapter	Specified goods, including rifles, pistols, bows, imported by a sports person of outstanding eminence, subject to specified condition	12%,18%, 28%	Nil [On imports]

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