|
Tax %
|
Goods
|
Services
|
| No tax – 0% |
- Jute, fresh meat, fish chicken, eggs, milk, butter milk, curd, natural honey, fresh fruits and vegetables, Cereal grains hulled, Palmyra jaggery, flour, besan, bread, prasad, salt – all types
- Bindi, sindoor, bangles, kajal, handlooms
- Stamps, judicial papers, printed books, newspapers,
- Bones and horn cores, bone grist, bone meal, hoof meal, horn meal
- Children’s’ picture, drawing or colouring books, human hair
|
- Hotels and lodges with tariff below Rs 1,000, Grandfathering service has been exempted under GST.
- Rough precious and semi-precious stones will attract GST rate of 0.25 per cent
|
| 5% |
- Fish fillet, cream, skimmed milk powder, branded paneer, frozen vegetables, coffee, tea, spices, pizza bread, rusk, sabudana, Cashew nut, Cashew nut in shell, Raisin, Ice and snow
- Apparel below Rs 1,000, packaged food items, footwear below Rs 500,
- Medicines, stent, Insulin, lifeboats
- Kerosene, coal, bio gas, agarbatti, kites
- Postage or revenue stamps, stamp-post marks, first-day covers
|
- Transport services (Railways, air transport) – because their main input is petroleum, which is outside GST ambit
- Small restaurants
|
| 12% |
- Apparel above Rs 1000, frozen meat products , butter, cheese, ghee, dry fruits in packaged form, animal fat, sausage, fruit juices, bhujia, namkeen, ketchup & sauces,
- Ayurvedic medicines
- Tooth powder, agarbatti
- Colouring books, picture books, exercise books and note books umbrella, sewing machine, cellphones
- All diagnostic kits and reagents, Spoons, forks, ladles, skimmers, cake servers, fish knives, tongs
|
- State-run lotteries
- Non-AC hotels, business class air ticket
- Fertilizers
- Work Contracts
|
| 18% |
- Footwear costing more than Rs 500
- Bidi Patta
- Biscuits (All catogories), 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
- Kajal pencil sticks
- Headgear
|
- AC hotels that serve liquor
- Telecom and IT services
- Branded garments
- Financial services
- Room tariffs between Rs 2,500 and Rs 7,500
- Restaurants inside five-star hotels
|
| 28% |
- Bidis, 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
|
- Private-run lotteries authorised by the states
- Hotels with room tariffs above Rs 7,500
- 5-star hotels
- Race club betting
- Cinema
|
| Key Facts about GST |
- 81% items to be taxed below 18% tax slabs
- The GST would be applicable on the supply of goods or services as against the present concept of tax on the manufacture or sale of goods or provision of services
- The GST would apply to all goods other than alcoholic liquor for human consumption and five petroleum products, viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel
|
At the Central level, the following taxes are being subsumed:
- Central Excise Duty,
- Additional Excise Duty,
- Service Tax,
- Additional Customs Duty commonly known as Countervailing Duty, and
- Special Additional Duty of Customs
|
At the State level, the following taxes are being subsumed:
- Subsuming of State Value Added Tax/Sales Tax
- Entertainment Tax (other than the tax levied by the local bodies), Central Sales Tax (levied by the Centre and collected by the States)
- Octroi and Entry tax
- Purchase Tax
- Luxury tax, and
- Taxes on lottery, betting and gambling
|
