GST Live Update : GST Rates for Goods

For GOODS

• Goods exempted from the GST regime

Goods like fresh meat, fish chicken, eggs, milk, butter milk, curd, natural honey, fresh fruits and vegetables, flour, besan, bread, prasad, salt, bindi. Sindoor, stamps, judicial papers, printed books, newspapers, bangles, handloom, etc.

• Goods which will attract 5% GST under the GST regime.

Goods such as fish fillet, cream, skimmed milk powder, branded paneer, frozen vegetables, coffee, tea, spices, pizza bread, rusk, sabudana, kerosene, coal, medicines, stent, lifeboats, etc.

• Goods which will attract 12% GST under the GST regime.

Goods such as frozen meat products , butter, cheese, ghee, dry fruits in packaged form, animal fat, sausage, fruit juices, Bhutia, namkeen, Ayurvedic medicines, tooth powder, agarbatti, colouring books, picture books, umbrella, sewing machine, cellphones

• Goods which will attract 18% GST under the GST regime.

Goods such as flavoured refined sugar, pasta, cornflakes, pastries and cakes, preserved vegetables, jams, sauces, soups, ice cream, instant food mixes, mineral water, tissues, envelopes, tampons, note books, steel products, printed circuits, camera, speakers and monitors.

• Goods which will attract 28% GST under the GST regime.

Goods such as chewing gum, molasses, chocolate not containing cocoa, waffles and wafers coated with chocolate, pan masala, aerated water, paint, deodorants, shaving creams, after shave, hair shampoo, dye, sunscreen, wallpaper, ceramic tiles, water heater, dishwasher, weighing machine, washing machine, ATM, vending machines, vacuum cleaner, shavers, hair clippers, automobiles, motorcycles, aircraft for personal use.

• Cess will be levied over and aboveGST rate of 28 %

Pan masala gutkha will attract 204% cess, whereasCented Zarda and filter Khaini – 160 % cess,Branded gutkha – 72% cess,smoking mixtures for pipes and cigarettes – 290% cess.

Non-filter cigarettes between 65 mm to 70 mm will attract 5 % cess plus Rs 2,876 per thousand sticks.

Filter cigarettes the levy will be 5% cess plus Rs 2,126 per thousand sticks.

For cigars,either levy of 21 % or Rs 4,170 per 1000 sticks, whichever is higher, would be levied.

• No decision could be made for GST rate to apply on Gold & Beedi. (The Council will meet again on June 3 in New Delhi for the above decision.)

Compiled by CA Ankita Khetan