Sonali Maity | Sep 18, 2021 |
Memorandum of GST Rate Changes on Goods: 45th GST Council Meeting
The GST Council’s 45th meeting was held in Lucknow under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. GST Council has inter-alia made the following recommendations relating to change in GST rates on Goods.
| S. No. | Description | From | To |
| GST rate changes | |||
| 1 | Retro fitment kits for vehicles used by the disabled | Appl. Rate | 5% |
| 2 | Fortified Rice Kernels for schemes like ICDS etc. | 18% | 5% |
| 3 | Medicine Keytruda for treatment of cancer | 12% | 5% |
| 4 | Biodiesel supplied to OMCs for blending with Diesel | 12% | 5% |
| 5 | Ores and concentrates of metals such as iron, copper, aluminum, zinc and few others | 5% | 18% |
| 6 | Specified Renewable Energy Devices and parts | 5% | 12% |
| 7 | Cartons, boxes, bags, packing containers of paper etc. | 12% /18% | 18% |
| 8 | Waste and scrap of polyurethanes and other plastics | 5% | 18% |
| 9 | All kinds of pens | 12% /18% | 18% |
| 10 | Railway parts, locomotives & other goods in Chapter 86 | 12% | 18% |
| 11 | Miscellaneous goods of paper like cards, catalogue, printed material (Chapter 49 of tariff) | 12% | 18% |
| 12 | IGST on import of medicines for personal use, namely I. Zolgensma for Spinal Muscular Atrophy | 12% | Nil |
| 13 | IGST exemption on goods supplied at Indo-Bangladesh Border haats | Appl. Rate | Nil |
| 14 | Unintended waste generated during the production of fish meal except for Fish Oil | Nil (for the period 1.7.2017 to 30.9.2019) | |
In case of any Doubt regarding Membership you can mail us at [email protected]
Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"
