Revised GST Slab Rates in India 2017 by 23rd GST council meeting

Revised GST Slab Rates in India 2017 by

23rd GST council meeting

Goods and services tax is continuously upgraded by the GST council for better results for the proper implementation. In the latest 23rd GST council meeting, several important decisions were taken by the panel and GoM to resolve immediate problems of the business community.

There is a lot of speculation on the merging of slab tax rates and the same has been conveyed by Arvind Subramaniam in its suggestion. It is said that the two tax rates i.e. 12% and 18% might get merged into single slab rate across the product portfolio in order to maintain the multiplicity of tax rate applicability on a range of products. The suggestion is based on the fact study and has been under review for further step and action. In the recent 23rd GST council meeting, there are around 178 products which were slashed from the higher 28% slab rate to the lower slab for the benefit of market and consumers. Also, there were changes in the filing period which was reduced from monthly to quarterly making easier compliance for the small medium enterprises. Overall, the council took noteworthy decisions in its meeting and made the overall easier environment for the business units to operate.

Updated List

Rates	Commodity/Services
0%	Milk, Butter Milk, Curd, Cereals, Natural Honey, Flour, Besan, Puffed rice, Papad, Bread, Prasad, Salt, Bindi. Sindoor, Contraceptives, Fresh Fruits and Vegetables, Firewood, Bangles (non-precious metals), Agricultural Implements, Stamps, Judicial Papers, Printed Books, Newspapers, Bangles, Handloom, Human Blood, Guar meal, Hop cone (other than grounded, powdered or in pellet form), Certain dried vegetables such as sweet potatoes, maniac, Unworked coconut shell, Khandsari sugar, etc.
5%	Namkeen/Bhujiya, Coffee, Tea, Kerosene, Coal, Cream, Skimmed Milk Powder, Branded Paneer, Frozen Vegetables, Processed Spices, Pizza Bread, Rusk, Sabudana, Medicines, Stent, Lifeboats, Soyabean, Groundnut, Sunflower Seeds, Vegetable Fats & Oils, Beet Sugar, Cane Sugar, Cocoa Beans, Shells, Paste, Tar, Peat, Lignite, Lpg For Domestic Consumption By Ioc, Hpcl, Bpcl, Nuclear Fuel, Nuclear Grade Sodium, Bakery Mixes, Doughs, Pizza Bread, Vermicelli, All Ores And Concentrates, Heavy Water and Other Nuclear Fuels, Compressed Air, Animal or Human Blood Vaccines, Iron/ Steel/ Ferrous Alloy – Kerosene Burners and Stoves, Iron/ Steel/ Ferrous Alloy – Table or Kitchen or Other Household Articles, Table or Kitchen or Other Household Articles of Copper, Copper Utensils, Solar Water Heater, Diagnostic Kits for Detection of All Types of Hepatitis, Newsprint, Handmade Safety Matches, Geometry Boxes, Hand Pumps, Renewable Energy Devices, Boats, Fishing Vehicles, Coronary Stents, Artificial Kidneys, Broomsticks, Jhadoo, Steel Utensils, Curtains, Toilet Linen, Blankets and Travelling Rugs, Bed Linen, Kitchen Linen, Terry Toweling, Terry Fabrics, Napkins, Mosquito Nets, Sacks and Bags, Man-made Apparel, Life Jackets (Highlighted Goods Under INR 1000), Job work on textile, Footwear under INR 500, Cotton and Natural Fibres, Khadi Yarn, Match Boxes, Packed Organic Fertilizer, Fertilizers, Lobhan, Mishri, Batasha, Bura, Insulin, Agarbattis, Cashew Nuts, Mango Sliced Dry, Khakra & Plain chapati/roti, Food preparations for Weaker Sections, Ayurvedic/Unani/Siddha/Homeopathy medicines(Unbranded),  Plastic Waste/Parings/ Scrap, Rubber Waste/Parings/ Scrap, Hard Rubber Waste or Scrap, Paper waste or scrap, puffed rice chikki, peanut chikki, sesame chikki, revdi, tilrevdi, khaza, kazuali, groundnut sweets gatta, kuliya, Flour of potatoes put up in unit container bearing a brand name, Chutney powder, Fly ash, Sulphur recovered in refining of crude, Fly ash aggregate with 90% or more fly ash content, Desiccated coconut, Narrow woven fabric including cotton newar [with no refund of unutilised input tax credit], Idli, dosa batter, Coir cordage and ropes, jute twine, coir products, Worn clothing, Fly ash brick, etc.
12%	Dry Fruits In Packaged Form, Ayurvedic Medicines (Branded), Butter, Cheese, Ghee, Fruits And Vegetable Juices, Tooth Powder, Coloring Books, Picture Books, feature phones, Umbrella, Sewing Machine, Milk Beverages, Bio-Gas, Medicinal Grade Hydrogen Peroxide, Anaesthetics, Potassium Iodate, Iodine, Steam, Glands And Other Organs For Organo-Therapeutic Uses, Ayurvaedic, Unani, Homoeopathic Siddha Or Biochemic Systems Medicaments, Sterile Suture Materials, Sterile Catgut, Sterile Suture Material, Sterile Dental Yarns, Sterile Tissue Adhesives For Surgical Wound Closure, Dental Haemostatics, Fountain Pen Ink, Ball Pen Ink, Candles, Silicon Wafers, Natural Cork Wood Pulp, Children’S Drawing Books, Calendars, Ceramic Tableware, Kitchenware, Toilet Articles, Lenses Used In Spectacles, Barbed Wire Of Iron And Steel, Screw, Bolts, Nuts, Sewing/Knitting Needles, Lpg Stoves, Aluminium Utensils, Pencil Sharpeners, Knives, Power Driven Water Pumps, Electric Vehicles, Bicycles, Spectacle Lens, Led Lights, Sports Goods, Art Works, Antiques, Curtains, Toilet Linen, Blankets and Travelling Rugs, Bed Linen, Kitchen Linen, Terry Toweling, Terry Fabrics, Napkins, Mosquito Nets, Life Jackets, Man-made Apparel (Highlighted Goods Above INR 1000), All synthetic filament yarn, such as nylon, polyester, acrylic, All artificial filament yarn, such as viscose rayon, Cuprammonium, Wet grinders consisting of stone as grinder, Tanks and other armoured fighting vehicles, Condensed milk, Refined sugar and sugar cubes, Pasta, Curry paste, mayonnaise and salad dressings, mixed condiments and mixed seasoning, Diabetic food, Medicinal grade oxygen, Printing ink, Hand bags and shopping bags of jute and cotton, Hats (knitted or crocheted), Parts of specified agricultural, horticultural, forestry, harvesting or threshing machinery, Specified parts of sewing machine, Spectacles frames, Furniture wholly made of bamboo or cane, etc.
18%	Preserved Vegetables, Tissues, Envelopes, Tampons, Note Books, Cornflakes, Pastries And Cakes, Jams, Jellies, Sauces, Soups, Ice Cream, Instant Food Mixes, Steel Products, Disinfectants, Household Plastic Products, Hot Water Bottles, Printed Circuits, Speakers, Monitors, Camera, Smartphones, Infant Use Preparations, Waffles, Jams, Tea Concentrates, Sharbet, Mineral/Aerated Water (Without Sugar), Lpg For Domestic Supply By Ioc, Hpcl, Bpcl, Petroleum Jelly, Paraffin Wax, Petroleum Coke, Petroleum Bitumen, Nicotine Polacrilex Gum, Essential Oils, Hair Oil, Dentrifices -Toothpaste, Soap, Whey Proteins & Fitness Supplements, Gelatin, Propellant Powder, Insecticides, Fungicides, Toilet Paper, Notebooks, Helmets, Headgears, Copper Bars, Rods, Wires, Copper Screws, Nuts, Bolts, Nickel Bars, Rods, Nickel Screw, Nuts, Bolts, Nickel Tubes, Pipes, Netting, Aluminium Ingots, Rods, Wires, Lead Plates, Sheets, Strips, Zinc Goods, Tin Bars, Rods, Padlocks, Locks, Braille Typewriters, Manmade Fibres,Footwear above INR 500, Biscuit, School Bags, Printers, Tractors Parts, Poster Colour, Marble, Granite, Cables, Insulated Conductors, electrical insulators, electrical plugs, switches, sockets, fuses, relays, electrical connectors, Electrical boards, panels, consoles, cabinets etc for electric control or distribution, Particle/fibre boards and ply wood. Article of wood, wooden frame, paving block, Furniture, mattress, bedding and similar furnishing, Trunk, suitcase, vanity cases, briefcases, travelling bags and other handbags, cases, Detergents, washing and cleaning preparations, Liquid or cream for washing the skin, Shampoos; Hair cream, Hair dyes (natural, herbal or synthetic) and similar other goods; henna powder or paste, not mixed with any other ingredient, Pre-shave, shaving or after-shave preparations, personal deodorants, bath preparations, perfumery, cosmetic or toilet preparations, room deodorisers, Perfumes and toilet waters, Beauty or make-up preparations, Fans, pumps, compressors, Lamp and light fitting, Primary cell and primary batteries, Sanitary ware and parts thereof of all kind, Articles of plastic, floor covering, baths, shower, sinks, washbasins, seats, sanitary ware of plastic, Slabs of marbles and granite, Goods of marble and granite such as tiles, Ceramic tiles of all kinds, Miscellaneous articles such as vacuum flasks, lighters, Wrist watches, clocks, watch movement, watch cases, straps, parts, Articles of cutlery, stoves, cookers and similar non electric domestic appliances, Razor and razor blades. Multi-functional printers, cartridges, Office or desk equipment, Door, windows and frames of aluminium, Articles of plaster such as board, sheet, Articles of cement or concrete or stone and artificial stone, Articles of asphalt or slate, Articles of mica, Ceramic flooring blocks, pipes, conduit, pipe fitting, Wall paper and wall covering, Glass of all kinds and articles thereof such as mirror, safety glass, sheets, glassware, Electrical, electronic weighing machinery, Fire extinguishers and fire extinguishing charge, Forklifts, lifting and handling equipment, Bull dozers, excavators, loaders, road rollers, Earth moving and leveling machinery, Escalators, Cooling towers, pressure vessels, reactors, Crankshaft for sewing machine, tailor’s dummies, bearing housings, gears and gearing; ball or roller screws; gaskets, Electrical apparatus for radio and television broadcasting, Sound recording or reproducing apparatus, Signalling, safety or traffic control equipment for transports, Physical exercise equipment, festival and carnival equipment, swings, shooting galleries, roundabouts, gymnastic and athletic equipment, All musical instruments and their parts, Artificial flowers, foliage and artificial fruits, Explosive, anti-knocking preparation, fireworks, Cocoa butter, fat, oil powder, Extract, essence ad concentrates of coffee, miscellaneous food preparations, Chocolates, Chewing gum / bubble gum, Malt extract and food preparations of flour, groats, meal, starch or malt extract, Waffles and wafers coated with chocolate or containing chocolate, Rubber tubes and miscellaneous articles of rubber, Goggles, binoculars, telescope, Cinematographic cameras and projectors, image projector, Microscope, specified laboratory equipment, specified scientific equipment such as for meteorology, hydrology, oceanography, geology, Solvent, thinners, hydraulic fluids, anti-freezing preparation, etc.
28%	Washing Machine, Automobiles, Motorcycles, Molasses, Chocolate Not Containing Cocoa, Aerated Water, Paints And Varnishes, Dishwasher, Atm, Vending Machines, Vacuum Cleaner, Hair Clippers, Aircraft For Personal Use, Yachts, Powder, Chocolates, Instant, Aroma Coffee, Coffee Concentrates, Custard Powder, Protein Concentrates, Sugar Syrups, Aerated Water (With Sugar), Artists’, Students’ Or Signboard Colours, Putty, Wall Fillings, Dental Floss, Toothpaste, Liquid Soap, Commercial Plastic Products, Rubber Tyres, Fur & Artificial Fur Apparel, Particle Board, Plywood, Headbands, Felt Hats, Wigs, False Beards, Eyelashes, Artificial Flowers, Plaster, Calcerous Stone, Tempered Glass, Stoves (Other Than Kerosene Stove And Lpg Stoves), Barbecues, Braziers, Gas-Rings, Electrical Hot Plates, Electrical Heaters, Aluminium Foil, Razors, Manicure, Pedicure Sets, Air-conditioners, Refrigerators, Printer, Photocopier, Fax Machines, Electric Shavers, Motor Cars,  Pianos, Revolvers, Furniture, port-land cement etc.
28% (with Cess)	Luxury and De-Merits Goods

TEXTILE JOB WORK, WORKS CONTRACT, GTA,REN, AND CAB GST RATE CHANGED

TEXTILE JOB WORK, WORKS CONTRACT, GTA,REN, AND CAB GST RATE CHANGED

GST Council Changes Rates at 20th GST Council Meeting

1. Textile job works* reduced to 5%
2. *Government works contract* reduced to 12% with ITC
3. *Job work for printing books* and newspapers etc will be 12% (if only content provided by publisher and all input of paper etc belongs to printer)
4. *Job work for printing books* and newspapers will be 5% (if Input used belongs to publisher and not Printer)
5. *Agriculture Services* of post Harvest and storage reduced to 12%
6. *Entry to Planetarium* - rate reduced to 18%
7. *Rent a Cab Operator*-Allowed option of 12% GST with full ITC. 5% GST with no ITC will also continue
8. *GTA*- Allowed option of 12% GST with full ITC under forward charge. 5% GST with no ITC will also continue (However, the GTA has to give an option at the beginning of financial year)
9. *Tractor parts* would attract the Goods and Services Tax (GST) rate of 18 % instead of 28 % previously.
10. *Margin/commission* payable to Fair Price Shop Dealers by Central/ State Governments- 0%
11. In case of *housekeeping services* such as plumbers through E-commerce Operator, it is the liability of the aggregator to pay GST
12. Goods and services used specifically for the purposes *FIFA Youth World Cup* later this year in India has been exempted from GST.

S. No.		Description of service		From	To
1.		Job  work  services  in  respect  of  the  textiles  and  textile   products  (including MMF yarn, garments, made-ups, etc. falling in Chapters 50 to 63)		18%/5%	5%
2		Services by way of printing of newspapers, books (including Braille books), journals and periodicals where only content is supplied by the publisher   and the physical inputs including paper used for printing belongs to the printer		18% with full ITC	12%  with  full ITC
3		Services by way of printing of newspapers, books (including Braille books), journals and periodicals using physical inputs owned by others (including an unregistered publisher/supplier)		18% with full ITC	5%   with   full ITC
4		Works   contract   services   provided   to   Government,   local   authority   or governmental  authority  and in  respect  of   post-harvest storage infrastructure for agricultural produce, mechanized food grain handling system		18% with full ITC	12%  with  full ITC
5		Margin/commission  payable  to  Fair  Price  Shop  Dealers  by  Central/  State Governments		18% with full ITC	Nil
6		Admission to planetarium		28% with full ITC	18%  with  full ITC
7		Rent-a-cab service		Allowed   option   of  12%   GST with full ITC. 5% GST with no ITC will also continue
8		Goods Transport Agency Service (GTA)		Allowed   option   of  12%   GST with   full   ITC   under   forward charge.  5%  GST  with  no  ITC will   also   continue.   (However, the GTA has to give an option atthe beginning of financial year)
	9		In case of   small house-keeping service providers (plumbers/carpenters) providing services through Electronic Commerce Operators (ECO), liability to pay GST placed on ECO
	10		Partnership  firm  or  a  firm  includes  LLP  (  Limited  liability  Partnership)  for  the  purposes  of  levy   (including exemption therefrom) of GST on legal services.
	11		To clarify that legal services (including representational services)  provided by an individual advocate or a senior advocate or a firm of advocates (including LLP)  provided to a business entity in taxable territory are covered under reverse charge mechanism
	12		Goods required by FIFA and Services provided by and to FIFA and its subsidiaries in connection with FIFA U- 17 World Cup to be hosted in India in 2017 shall be exempted from GST
	13		New crop insurance schemes  Pradhan Mantri Fasal Bima Yojana (PMFBY)  introduced from Kharif  2016- 17 in place  of  National  Agricultural  Insurance  Scheme  (NAIS)  and  Modified  National  Agricultural  Insurance Scheme (MNAIS), and Restructured Weather Based Crop Insurance Scheme (RWCIS) introduced  in place of Weather Based Crop Insurance Schemes , shall be extended exemption from GST.