Hair Rubber Bands Classified Under Heading 4016, Subject to 28% GST Rate for Tax Purposes.

Hair Rubber Bands Classified Under Heading 4016, Subject to 28% GST Rate for Tax Purposes.
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GST
GST Rates – HSN Code – Hair rubber bands fall under heading 4016 and attract 28% GST
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Mobile Handset Batteries Classified Under HSN Code 8506, Subject to 28% GST Rate.

Mobile Handset Batteries Classified Under HSN Code 8506, Subject to 28% GST Rate.
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GST
GST Rates – HSN Code – Battery for mobile handsets falls under heading 8506 and attracts 28% GST.

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Prefabricated Buildings and Portable Toilets Fall Under HSN Code 9406 with an 18% GST Rate.

Prefabricated Buildings and Portable Toilets Fall Under HSN Code 9406 with an 18% GST Rate.
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GST
GST Rates – HSN Code – Prefabricated buildings, including portable and mobile toilets, fal

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Cotton seed oil cakes have 0% GST for aquatic, poultry, and cattle feed; 5% GST for other uses.

Cotton seed oil cakes have 0% GST for aquatic, poultry, and cattle feed; 5% GST for other uses.
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GST
GST Rates – HSN Code – Cotton seed oil cakes for use as aquatic feed including shrimp

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Fresh Betel Nuts Have Nil GST; Dried Betel Nuts Attract 5% GST Under HSN Code 0802.

Fresh Betel Nuts Have Nil GST; Dried Betel Nuts Attract 5% GST Under HSN Code 0802.
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GST
GST Rates – HSN Code – Fresh areca nut / betel nuts fall under heading 0802 and attract Nil GST –

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Marble Articles, Including Figurines, Fall Under Heading 6802 with 28% GST Rate.

Marble Articles, Including Figurines, Fall Under Heading 6802 with 28% GST Rate.
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GST
GST Rates – HSN Code – Articles of marble [including those made of marble powder, stone and unsaturat

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5% GST Rate Applies to Specified Fabrics, Including Cut Pieces for Pants and Shirts, Regardless of Form.

5% GST Rate Applies to Specified Fabrics, Including Cut Pieces for Pants and Shirts, Regardless of Form.
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GST
GST Rates – HSN Code – Fabric 1.2 MT cut for pant and 2.5 MT cut for a shirt?

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Export Incentive Licenses MEIS, SEIS, IEIS Classified Under HSN Code 4907 with 12% GST Rate.

Export Incentive Licenses MEIS, SEIS, IEIS Classified Under HSN Code 4907 with 12% GST Rate.
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GST
GST Rates – HSN Code – sale of Export Incentives Licences like MEIS, SEIS and IEIS – MEIS

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Dog and Cat Foods Taxed at 18% GST Under Heading 2309, According to Residual Entry S. No. 453.

Dog and Cat Foods Taxed at 18% GST Under Heading 2309, According to Residual Entry S. No. 453.
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GST
GST Rates – HSN Code – Dog or cat foods fall under heading 2309 and attracts 18% GST un

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Wet Dates Classified Under Heading 0804, Subject to 12% GST Rate According to Tax Regulations.

Wet Dates Classified Under Heading 0804, Subject to 12% GST Rate According to Tax Regulations.
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GST
GST Rates – HSN Code – Wet dates fall under heading 0804 and attract 12% GST.
TMI U

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Nail Polish, Any Size or Quantity, Falls Under GST Heading 3304 with a 28% Tax Rate.

Nail Polish, Any Size or Quantity, Falls Under GST Heading 3304 with a 28% Tax Rate.
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GST
GST Rates – HSN Code – Nail Polish [whether in large quantities say 50 to 100 litres or in retail

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Nil GST on Puja Samagri and Kalava Rakhis; Other Rakhis Taxed Based on Material Composition.

Nil GST on Puja Samagri and Kalava Rakhis; Other Rakhis Taxed Based on Material Composition.
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GST
GST Rates – HSN Code – Puja samagri, including kalava (raksha sutra) attracts Nil GST. –

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GST Rates: Soaps and Organic Products at 18%, Except Sub-heading 3401 30 and Heading 3402 at 28.

GST Rates: Soaps and Organic Products at 18%, Except Sub-heading 3401 30 and Heading 3402 at 28.
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GST
GST Rates – HSN Code – Soaps; organic surface active products and preparations for use and soaps, in form of bars, cakes, moulded pieces or shapes falling under heading 3401 [except 3401 30] attract 18% GST. – Other organic surface active products and preparations falling under sub-heading 3401 30 and organic surface active agents and preparations falling under heading 3402 attract

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Water Filters and Purifiers Classified Under Heading 8421, Subject to 18% GST Rate.

Water Filters and Purifiers Classified Under Heading 8421, Subject to 18% GST Rate.
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GST
GST Rates – HSN Code – Filters or Water Purifiers fall under heading 8421 and attract 18% GST.

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Silk, cotton, and manmade filament sarees and dhotis taxed at 5% GST under specific HSN codes.

Silk, cotton, and manmade filament sarees and dhotis taxed at 5% GST under specific HSN codes.
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GST
GST Rates – HSN Code – Sarees and dhoti – of Silk, Woven fabrics of silk sarees (HSN co

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Iron/Steel Structures Under HSN 7308, Aluminum Under 7610; Both Attract 18% GST, Including Solar Panel Mounts.

Iron/Steel Structures Under HSN 7308, Aluminum Under 7610; Both Attract 18% GST, Including Solar Panel Mounts.
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GST
GST Rates – HSN Code – Structures of iron or steel fall under heading 7

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Kulfi Falls Under HSN Heading 2105, Subject to 18% GST Rate.

Kulfi Falls Under HSN Heading 2105, Subject to 18% GST Rate.
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GST
GST Rates – HSN Code – Kulfi is classifiable under heading 2105 and attracts 18% GST.
TMI Updates – Highlights, quick notes, marquee, annotation, news, alerts

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Sale of Products after Introduction of GST

Sale of Products after Introduction of GST
GST
Dated:- 4-8-2017

On account of implementation of GST there may be instances where the retail sale price printed on pre-packaged commodity is required to be changed. The Department has therefore issued an order according to which, manufacturers/packers/importers of pre-packaged commodities are to declare the revised retail sale price (MRP), by way of stamping or putting sticker or online printing, as the case may be, on the unsold stock
Manufactured/packed/imported prior to 1st July, 2017, if any, in addition to the existing retail sale price (MRP), for three months i.e. upto 30th September, 2017. Use of un-exhausted packaging material/wrapper has also been allowed upto 30th Septe

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Profiteering measure according to which any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in prices and the Central Government may constitute an Authority to examine the same. Many business entities have reduced the prices of their goods and services in view of lower GST rates under the GST regime. They have been publishing these revised rates in leading new dailies from time to time for consumer benefit.
The Department has already issued an advertisement in the Newspaper regarding MRP aspects and the final price to protect consumer interests. The Department is also doing the outdoor publicity through creatives on MRP after

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Constitution of Sectoral Groups on GST

Constitution of Sectoral Groups on GST
GST
Dated:- 4-8-2017

The Goods and Services Tax (GST) Council in its 14th meeting held on 18-19 May, 2017 approved the constitution of eighteen sectoral groups to ensure smooth roll-out of GST.
The Council has received reports from sixteen out of the eighteen sectoral groups. The GST Law Committee comprising of officers of the Central and State Governments have drafted guidance notes based on these reports for some of the sectors.
The eighteen sectoral groups are as follows –
i. Banking, Financial and Insurance Sector
ii. Telecommunication
iii. Exports including EOUs and SEZs
iv. IT/ITES
v. Transport and Logistics
vi. Textiles and Footwear
vii. MSMEs, including job work
viii. Oi

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