Changes in GST Rates on Goods w.e.f October 01, 2021

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CA Bimal Jain | Oct 5, 2021 | Views 443281

Changes in GST Rates on Goods w.e.f October 01, 2021

Changes in GST Rates on Goods w.e.f October 01, 2021

The CBIC vide Notification No. 08/2021 Central Tax (Rate) dated September 30, 2021 has further amended Notification No. 01/2017-Central Tax (Rate) dated June 28, 2017 as amended from time to time, in order to adhere to the recommendations of 45th GST Council meeting held on September 17, 2021 as under:

S. No. Description From To
GST rate changes
1 Retro fitment kits for vehicles used by the disabled Appl. rate 5%
2 Tamarind seeds meant for any use other than sowing Appl. rate 5%
3 Medicine Keytruda for treatment of cancer 12% 5%
4 Biodiesel supplied to OMCs for blending with Diesel 12% 5%
5 Iron ores and concentrates, including roasted iron pyrites. 5% 18%
6 Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20% or more, calculated on the dry weight. 5% 12%
7 Copper ores and concentrates. 5% 18%
8 Nickel ores and concentrates. 5% 18%
9 Cobalt ores and concentrates 5% 18%
10 Aluminium ores and concentrates. 5% 18%
11 Lead ores and concentrates. 5% 18%
12 Zinc ores and concentrates. 5% 18%
13 Tin ores and concentrates. 5% 18%
14 Chromium ores and concentrates 5% 18%
15 Following renewable energy devices and parts for their manufacture:- 5% 12%
(a)    Bio-gas plant;
(b)   Solar power based devices;
(c)    Solar power generator;
(d)   Wind mills, Wind Operated Electricity Generator (WOEG);
(e)   Waste to energy plants / devices;
(f)     Solar lantern / solar lamp;
(g)    Ocean waves/tidal waves energy devices/plants;
(h)   Photo voltaic cells, whether or not assembled in modules or made up into panels.
Explanation:- If the goods specified in this entry are supplied, by a supplier, along with supplies of other goods and services, one of which being a taxable service specified in the entry at S. No. 38 of the Table mentioned in the notification No. 11/2017-Central Tax (Rate), dated 28th June, 2017 [G.S.R. 690(E)], the value of supply of goods for the purposes of this entry shall be deemed as seventy percent of the gross consideration charged for all such supplies, and the remaining thirty percent of the gross consideration charged shall be deemed as value of the said taxable service.”;
16 Cartons, boxes, cases, bags and other packing containers, of paper, paperboard, cellulose wadding or webs of cellulose fibres; box files, letter trays, and similar articles, of paper or paperboard of a kind used in offices, shops or the like 12%/18% 18%
17 Waste, Parings and Scrap, of Plastics 5% 18%
18 Plans and drawings for architectural, engineering, industrial, commercial, topographical or similar purposes, being originals drawn by hand; hand-written texts; photographic reproductions on sensitised paper and carbon copies of the foregoing 12% 18%
19 Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value; stamp-impressed paper; banknotes; cheque forms; stock, share or bond certificates and similar documents of title (other than Duty Credit Scrips). 12% 18%
20 Transfers (decalcomanias). 12% 18%
21 Printed or illustrated postcards; printed cards bearing personal greetings, messages or announcements, whether or not illustrated, with or without envelopes or trimmings. 12% 18%
22 Calendars of any kind, printed, including calendar blocks. 12% 18%
23 Other printed matter, including printed pictures and photographs; such as Trade advertising material, Commercial catalogues and the like, printed Posters, Commercial catalogues, Printed inlay cards, Pictures, designs and photographs, Plan and drawings for architectural engineering, industrial, commercial, topographical or similar purposes reproduced with the aid of computer or any other devices 12% 18%
24 Ball point pens; felt tipped and other porous tipped pens and markers; fountain pens; stylograph pens and other pens; duplicating stylos; pen holders, pencil holders and similar holders; parts (including caps and clips) of the foregoing articles, other than those of heading 9609. 12%/18% 18%
25 Railway parts, locomotives & other goods in Chapter 86 12% 18%
26 Carbonated Beverages of Fruit Drink or Carbonated Beverages with Fruit Juice 18% 28%

Note: This Notification is effective from October 01, 2021.

A similar notification has been issued under the Integrated Goods and Services Tax Act, 2017 (“IGST Act”) and Union Territory Goods and Services Tax Act, 2017 (“UTGST Act”), and all States will issue relevant Notification to give effect to GST Rates changes on Goods on a similar line.

CGST (Rate) Notification: Link

IGST (Rate) Notification: Link

UTGST (Rate) Notification: Link

(Author can be reached at [email protected])

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