The GST Council in its 28th meeting took following
decisions on GST Rate on Goods .
I.
GST rates reduction
on 28% items:
A. 28% to 18%
- Paints and varnishes
(including enamels and lacquers)
- Glaziers’ putty, grafting
putty, resin cements
- Refrigerators, freezers and
other refrigerating or freezing equipment including water cooler, milk
coolers, refrigerating equipment for leather industry, ice cream freezer
etc.
- Washing machines.
- Lithium-ion batteries
- Vacuum cleaners
- Domestic electrical
appliances such as food grinders and mixers & food or vegetable juice
extractor, shaver, hair clippers etc
- Storage water heaters and
immersion heaters, hair dryers, hand dryers, electric smoothing
irons etc
- Televisions upto the size of
68 cm
- Special purpose motor
vehicles. e.g., crane lorries, fire fighting vehicle, concrete mixer
lorries, spraying lorries
- Works trucks [self-propelled,
not fitted with lifting or handling equipment] of the type used in
factories, warehouses, dock areas or airports for short transport of
goods.
- Trailers and semi-trailers.
- Miscellaneous articles such
as scent sprays and similar toilet sprays, powder-puffs and pads for the
application of cosmetics or toilet preparations.
B. 28% to 12%
- Fuel Cell Vehicle. Further,
Compensation cess shall also be exempted on fuel cell vehicle.
II.
Refund of
accumulated credit on account of inverted duty structure to fabric
manufacturers:
Fabrics
attract GST at the rate of 5% subject to the condition that refund of
accumulated ITC on account of inversion will not be allowed. However,
considering the difficulty faced by the Fabric sector on account of this
condition, the GST Council has recommended for allowing refund to fabrics on
account of inverted duty structure. The refund of accumulated ITC shall be
allowed only with the prospective effect on the purchases made after the
notification is issued.
III. GST
rates have been recommended to be brought down from,-
A. 18%12%/5% to Nil:
- Stone/Marble/Wood Deities
- Rakhi [other than that of
precious or semi-precious material of chapter 71]
- Sanitary Napkins,
- Coir pith compost
- Sal Leaves siali leaves and
their products and Sabai Rope
- PhoolBhariJhadoo [Raw
material for Jhadoo]
- Khali dona.
- Circulation and commemorative
coins, sold by Security Printing and Minting Corporation of India Ltd
[SPMCIL] to Ministry of Finance.
B. 12% to 5%:
- Chenille fabrics and other
fabrics under heading 5801
- Handloom dari
- Phosphoric acid (fertilizer
grade only).
- Knitted cap/topi having
retail sale value not exceeding Rs 1000
C. 18% to 12%:
- Bamboo flooring
- Brass Kerosene Pressure
Stove.
- Hand Operated Rubber Roller
- Zip and Slide Fasteners
D. 18% to 5%:
- Ethanol for sale to Oil
Marketing Companies for blending with fuel
- Solid bio fuel pellets
IV. Rate
change made in respect of footwear
- 5% GST is being extended to
footwear having a retail sale price up to Rs. 1000 per pair
- Footwear having a retail sale
price exceeding Rs. 1000 per pair will continue to attract 18%
V.
GST rates have been
recommended to be brought down for specified handicraft items [as per the
definition of handicraft, as approved by the GST council] from,-
A. 18% to 12%:
- Handbags including pouches
and purses; jewellery box
- Wooden frames for painting,
photographs, mirrors etc
- Art ware of cork [including
articles of sholapith]
- Stone art ware, stone inlay
work
- Ornamental framed mirrors
- Glass statues [other than
those of crystal]
- Glass art ware [ incl. pots,
jars, votive, cask, cake cover, tulip bottle, vase ]
- Art ware of iron
- Art ware of brass, copper/
copper alloys, electro plated with nickel/silver
- Aluminium art ware
- Handcrafted lamps
(including panchloga lamp)
- Worked vegetable or mineral
carving, articles thereof, articles of wax, of stearin, of natural gums or
natural resins or of modelling pastes etc, (including articles of lac,
shellac)
- Ganjifa card
B. 12% to 5%:
- Handmade carpets and other
handmade textile floor coverings (including namda/gabba)
- Handmade lace
- Hand-woven tapestries
- Hand-made braids and
ornamental trimming in the piece
- Toran
VI.
Miscellaneous Change
relating to valuation of a supply:
- IGST @5% on Pool Issue Price
(PIP) of Urea imported on Govt. account for direct agriculture use,
instead of assessable value plus custom duty.
- Exemption from Compensation
cess to Coal rejects from washery [arising out of cess paid coal on
which ITC has not been taken].
VII.
Clarifications/amendments
as regards applicability of GST rate in respect of certain goods recommended by
GST Council which inter-alia includes:
Ø Milk enriched with vitamins or minerals salt
(fortified milk) is classifiable under HS code 0401 as milk and exempt from
GST.
Ø 5% GST on both treated (modified) tamarind kernel
powder and plain (unmodified) tamarind kernel powder.
Ø Beet and cane sugar, including refined beet and
cane sugar, (falling under heading 1701) attracts 5% GST rate.
Ø Water supplied for public purposes (other than in
sealed containers) does not attract GST.
Ø Marine engine (falling under sub-heading 8408 10
93) attracts 5% GST rate.
Ø Kota stone and similar stones [ other than marble
and granite] other than polished will attracts 5% GST, while ready to use
polished Kota stoneand similar stones will attracts 18%.
Ø Certain other miscellaneous clarification as
regards classification/rate have been recommended
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