Recommendations made during 31st Meeting of the GST Council held on 22nd December, 2018 (New Delhi)-Rate changes
GST
Dated:- 22-12-2018
GST Council in the 31st meeting held on 22nd December, 2018 at New Delhi took following decisions relating to changes in GST rates on goods and services. The decisions of the GST Council have been presented in this note for easy understanding. The same would be given effect to through Gazette notifications\/ circulars which shall have force of law.
\nI GST rate reduction on goods which were attracting GST rate of 28% :
\n * 28% to 18%
\n * Pulleys, transmission shafts and cranks, gear boxes etc., falling under HS Code 8483
\n * Monitors and TVs of upto screen size of 32 inches
\n * Re-treaded or use<\/p>\n
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\n * Vegetable provisionally preserved (for example by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions), but unsuitable in that state for immediate consumption.
\nIII. GST on solar power generating plant and other renewable energy plants
\n * GST rate of 5% rate has been prescribed on renewable energy devices & parts for their manufacture (bio gas plant\/solar power based devices, solar power generating system (SGPS) etc) [falling under chapter 84, 85 or 94 of the Tariff]. Other goods or services used in these plants attract applicable GST.
\n * Certain disputes have arisen regarding GST rates where specified goods attracting 5% GST are supplied along with service<\/p>\n
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