Recommendations for Changes In GST/IGST Rate and Clarifications in Respect of GST Rate on Certain Goods -As per discussions held in the 25thGST Council Meeting
GST
Dated:- 18-1-2018
The Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi today. The Council has recommended certain in GST/IGST rate and clarifications in respect of GST rate on Goods specified below as per discussions in the 25thGST Council Meeting held today. These decisions of the GST Council are being communicated for general information, and will be given effect to through Gazette notifications / circulars which only shall have the force of law.
* LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 28% TO 18%:
S. No.
Chapter/Heading/Sub-heading/Tariff item
Description
1.
87
Old and used motor vehicles [medium and large cars and SUVs] on the margin of the supplier, subject to the condition that no input tax credit of central excise duty/value
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ngiensis var. kurstaki
3
Bacillus thuringiensis var. galleriae
4
Bacillus sphaericus
5
Trichoderma viride
6
Trichoderma harzianum
7
Pseudomonas fluoresens
8
Beauveriabassiana
9
NPV of Helicoverpaarmigera
10
NPV of Spodopteralitura
11
Neem based pesticides
12
Cymbopogan
6.
4418
Bamboo wood building joinery
7.
8424
Drip irrigation system including laterals, sprinklers
8.
8424
Mechanical Sprayer
D. LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 18% TO 5%:
S. No.
Chapter/Heading/Sub-heading/Tariff item
Description
1.
13
Tamarind Kernel Powder
2.
1404/3305
Mehendi paste in cones
3.
2711
LPG supplied for supply to household domestic consumers by private LPG distributors
4.
88 or any other chapter
Scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mock ups and modules, raw material and consumables required for launch vehicles and satellites and payloads
E. LIST OF GOODS ON W
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No.
Chapter/Heading/Sub-heading/Tariff item
Description
1.
2302
Rice bran (other than de-oiled rice bran)
K. CHANGES IN COMPENSATION CESS ON CERTAIN GOODS:
S. No
Chapter/Heading/Sub-heading/Tariff item
Description
Present Compensation Cess Rate
Compensation Cess Rate Recommended
*
8702
Motor vehicles [falling under heading 8702, as it was in excise regime] cleared as ambulances, duly fitted with all fitments, furniture and accessories necessary for an ambulance from the factory manufacturing such vehicles.10-13 seater buses and ambulances, subject to specified conditions.
15%
Nil
87
Old and used motor vehicles [medium and large cars and SUVs], on the margin of the supplier, subject to the condition that no input tax credit of central excise duty/value added tax or GST paid on such vehicles has been availed by him.
Applicable rate
Nil
87
All types of old and used motors vehicles [other than medium and large cars and SUVs] on the margin of the supplier of subjec
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