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.
\n * LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 28% TO 18%:
\nS. No.
\nChapter\/Heading\/Sub-heading\/Tariff item
\nDescription
\n1.
\n87
\nOld 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<\/p>\n
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\n3
\nBacillus thuringiensis var. galleriae
\n4
\nBacillus sphaericus
\n5
\nTrichoderma viride
\n6
\nTrichoderma harzianum
\n7
\nPseudomonas fluoresens
\n8
\nBeauveriabassiana
\n9
\nNPV of Helicoverpaarmigera
\n10
\nNPV of Spodopteralitura
\n11
\nNeem based pesticides
\n12
\nCymbopogan
\n6.
\n4418
\nBamboo wood building joinery
\n7.
\n8424
\nDrip irrigation system including laterals, sprinklers
\n8.
\n8424
\nMechanical Sprayer
\n D. LIST OF GOODS ON WHICH GST RATE RECOMMENDED FOR REDUCTION FROM 18% TO 5%:
\nS. No.
\nChapter\/Heading\/Sub-heading\/Tariff item
\nDescription
\n1.
\n13
\nTamarind Kernel Powder
\n2.
\n1404\/3305
\nMehendi paste in cones
\n3.
\n2711
\nLPG supplied for supply to household domestic consumers by private LPG distributors
\n4.
\n88 or any other chapter
\nScientific 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
\n E. LIST OF GOODS ON W<\/p>\n
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\nChapter\/Heading\/Sub-heading\/Tariff item
\nDescription
\n1.
\n2302
\nRice bran (other than de-oiled rice bran)
\nK. CHANGES IN COMPENSATION CESS ON CERTAIN GOODS:
\nS. No
\nChapter\/Heading\/Sub-heading\/Tariff item
\nDescription
\nPresent Compensation Cess Rate
\nCompensation Cess Rate Recommended
\n *
\n 8702
\nMotor 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.
\n15%
\nNil
\n87
\nOld 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.
\nApplicable rate
\nNil
\n87
\nAll types of old and used motors vehicles [other than medium and large cars and SUVs] on the margin of the supplier of subjec<\/p>\n
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