Goods and Services Tax – GST – Dated:- 15-6-2017 – The new indirect tax regime in the country is to come into effect from 01.07.2017, wherein fixation of GST rates on the supplies is joint responsibility of the Central and State governments after the approval from the GST Council. In a majority of supplies of goods, the tax incidence approved by the GST Council is much lower than the present combined indirect tax rates levied [on account of central excise duty rates / embedded central excise duty rates / service tax post-clearance embedding, VAT rates or weighted average VAT rates, cascading of VAT over excise duty and tax incidence on account of CST, Octroi, Entry Tax, etc.] by the Centre and States. A list of such supplies, where the GST
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27 2001, 2004 Pickle, Murabba, Chutney 28 21 Sweetmeats 29 2103 Ketchup & Sauces 30 2103 30 00 Mustard Sauce 31 2103 90 90 Toppings, spreads and sauces 32 2106 Instant Food Mixes 33 2106 Other pulses bari (mungodi) 34 22 Mineral water 35 2201 90 10 Ice and snow 36 25 Cement 37 27 Coal 38 27 Kerosene PDS 39 27 LPG Domestic 40 30 Insulin 41 33 Agarbatti 42 33 Tooth powder 43 33 Hair oil 44 33 Toothpaste 45 3304 20 00 Kajal [other than kajal pencil sticks] 46 34 Soap 47 37 X ray films for medical use 48 3822 Diagnostic kits and reagents 49 3926 90 99 Plastic Tarpaulin 50 4202 School Bag 51 4820 Exercise books and note books 52 4823 Kites 53 4903 Childrens' picture, drawing or colouring books 54 50 Silk fabrics 55 51 Woollen fabrics 56
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