GST Rate on Goods as Recommended by The GST Council in Its 37th Meeting
GST
Dated:- 20-9-2019
The 37thGST Council met in Goa today under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman . The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Chief Minister of Goa Shri Pramod Sawant, Finance Ministers of States & UTs and seniors officers of the Ministry of Finance .
The council took the following decisions in respect to rates relating to goods.
I GST rates reduction, –
* 18% to 12% on parts of Slide Fasteners
* 18% to 5% on Marine Fuel 0.5% (FO)
* 12% to 5% on Wet Grinders(consisting stone as a grinder)
* 5% to Nil on:-
* Dried tamarind
* Plates and cups made up of leaves/ flowers/bark
* 3% to 0.25% on cut and polished semi- precious stones
* Applicable rate to 5% on specified goods for petroleum operations undertaken under Hydrocarbon Exploration Lice
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ia Limited (DIL) in the list of nominated agencies eligible for IGST exemption on imports of Gold/ Silver/Platinum so as to supply at Nil GST to Jewellery exporters.
IV A uniform GST rate of 12% on Polypropylene/Polyethylene Woven and Non- Woven Bags and sacks, whether or not laminated, of a kind used for packing of goods (from present rates of 5%/12%/18%)
V GST concession in certain cases for specific period: –
* Exemption to Fishmeal for the period 01.07.17 to 30.09.19. There were doubts as regards taxability of fishmeal in view of the interpretational issues. However, any tax collected for this period shall be required to be deposited.
* 12% GST during the period 1.07.2017 to 31.12.2018, on pulley, wheels and other parts (falling under Heading 8483) and used as parts of agricultural machinery.
VI Passenger vehicles of engine capacity 1500 cc in case of diesel, 1200 cc in case of petrol and length not exceeding 4000 mm designed for carrying upto 9 persons attract compensat
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s of the Chicago Convention on Civil Aviation.
* Certain other changes of technical nature for the sake of clarity in application of notification.
VIII Clarifications as regards applicability of GST rate in respect of certain goods recommended by GST Council which inter-alia includes:
* Mere heating of leguminous vegetables (gram/lentil) for removing moisture, or to soften and puff it or removing the skin, and not subjecting to any other processing or addition of any other ingredients (salt, oil etc.) would be classified under HS code 0713.
* All “mechanical sprayers” falling under HS Code 8424 would attract 12% GST.
* Parts like Solar Evacuation tubes for solar power based devices like solar water heater, solar steam, generation systems, would be eligible to 5% GST rate.
* Exclusive parts and accessories suitable for use solely or principally with a medical device (falling under headings 9018, 9019, 9021 or 9022) would fall in respective headings and attract GST at the co
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