, GST different tax rates ~ CS GAURAV SHARMA

July 9, 2017

GST different tax rates

  RESTAURANTS GST SLAB RATES:-

Heading                                  RATES

•  Res. with turnover upto                5%
50L, non A.C
•  Res. with turnover more             12%
than 50L, non A.C
•  Res. with A.C facilities                  18%
•  Res. in five star hotels                  18% (revised from 28% to 18%)

(Composition scheme gst rate for non alcoholic serving restaurants is 5%)

HOTEL GST SLAB RATES:-

Heading                                  RATES

•  Tariffs till 1000                            Exempt
•  Tariffs ranging between               12%
1000-2500
•  Tariffs ranging between              18%
2500-7500
(Revised from 5000 to 7500)
•  Tariffs above 7500                         28%




APPARELLS & CLOTH GST SLAB RATES:-

Heading                                  RATES

•  Garments & Apparels
5%
MRP below 1000

•  Garments & Apparels
12%
MRP above 1000

•  Synthetic & other
18%
man-made fibers



•  Other natural fibers like             5%
cotton & yarn(other than silk & jute)
•  Final products wholly made      12%
of quilted or textile materials
(MRP, Purchase price, costing all these words to mean the same thing for levying of gst rate)
(Garments & Apparels include sarees, salwar, kameez, kurti)

FOOTWEAR GST SLAB RATES:-

 Heading                                  RATES

•  Footwear below 500                 5%
•  Rest of the footwear               18%



FURNITURE GST RATES:-

 Heading                                    RATES

•  Articles like wooden
12%
Boxes, drums, crates,

Wood pulp, bamboo pulp

•  Any wooden furniture and
12%
wooden decorates used as

tableware or kitchenware

(except that notified @28%

under GST)

•  Plywood, fibre wood,
28%
Laminated wood & other

Materials having an

Appearance of wood or

Being woody in nature
•  Cane Furniture


28%


GOLD GST RATES:-

 Heading                                     RATES

•  Gold & silver Products              3%
•  Gst on making charges              5%
•   Rough precious & semi-        0.25% Precious stones

EDUCATION SECTOR GST RATES:-

 Heading                                     RATES

•  Commercial Coaching
institutes for                              18% Competitive exams or
Training services
•  School Bags                               18 %( revised from 28% to 18%)
•  Exercise & Note                        12 %( revised from 18% to 12%)
books
•  Children’s picture,
Drawing & coloring books  Exempt

(Rest of the services which were exempt under negative list or notification no.
25/2012 are still exempt under gst)

Transport services including air services and goods transport ---  5%

Work Contractors ----  12%

Solar Panels ---  5%


MOVIE TICKETS:-

Heading                                     RATES

•  Movie tickets below                18 %( revised from 28% to 18%)
Rs 100
•   Movie Tickets above               28% Rs 100




IRON & STEEL GST RATES:-

Heading                                                                   RATES

•  Mathematical or Geometry boxes,

Sharpeners, utensils, Table or kitchen
12%
or other Household items made of

Iron & steel, sewing needles

•  Any kind of sheet, all kind of  Tubes and

pipes made of iron & steel, containers

made of Iron & steel to store compressed

Or liquefied gas, barbed wires used for
18%
Fencing cables made of iron or steel, all

Kind of structures used in building bridges,

Lock gates, roofing & window frameworks,

Pillars of iron & steel, wires of iron or S.S or

Other alloy steel

•  Cookers, barbeque, braziers, gas rings,

Plate warmers & similar non electric
28%
Domestic appliances & parts there of iron &

Steel, Sanitary ware and parts there of iron &

Steel



SANITARY ITEMS GST RATES:-

 Heading                                                                   RATES

•  All  sanitary items and parts there

of copper, steel, iron, aluminium,
28%
ceramic, plastic

•  Lead and zinc sanitary items and
18%
Parts there of




EATABLES OR FOOD PRODUCTS:-

 Heading                                                                   RATES

•  Fresh meat, fish, chicken, eggs, milk,
butter milk, curd, natural honey,                         Exempt fresh fruits and vegetables, flour,
besan, bread, all kinds of salt, jaggery and hulled cereal grains
•   Fish fillet, packaged food items, cream, skimmed milk powder, branded paneer,
frozen vegetables, coffee, tea, spices,                   5%
pizza bread, rusk, sabudana, cashew nut, cashew nut in shell, raisin, ice and snow
•  Frozen meat products, butter, cheese,
ghee, dry fruits in packaged form,                          12%
animal fat, sausage, fruit juices, namkeen and ketchup & sauces
•   Biscuits, flavoured refined sugar, pasta, cornflakes, pastries and cakes,
preserved vegetables, jams, sauces, soups,
ice cream, instant food mixes, curry paste,          18%
mayonnaise and salad dressings,


mixed condiments and mixed seasonings and mineral water.







ELECTRONIC SECTOR:-

 Heading                                                                   RATES

•  Hand pumps, solar power generating
5%
System, windmill, biogas plant

•  Nuclear fuel elements, power driven

Pumps used for flow of water, bicycle
12%
Pumps, sewing machines, telephone for

Cellular networks, two way radio used by

Defence, police e.t.c , cellphones

•  Central heating boilers, producer gas or

Water gas generators, steam turbines,

Hydraulic turbines , waterwheels,

Machinery for industrial preparation of food
18%
And drinks, extraction of animal and

Vegetable fats, UPS, electrical transformer,

CCTV, set top box for tv, computer monitors

Not exceeding 17 inches, electrical filaments

Or discharge lamps, winding wires, coaxial

Wires, optical fiber

•  Spark ignition combustion piston, compression

Ignition combustion piston, air or vacuum

Pumps, air conditions, refrigerators & freezers,

Dishwashing machines and other households
28%
Machines, fort lift trucks and other lift trucks,

Fire extinguishers, self propelled bull dozers,

Road rollers, mechanical equipment , Shavers,



hair clippers and hair-removing appliances, with self contained electric motor, hair dryers, hair curlers, curling tong heaters) and hand dryers; electric smoothing irons; other

electro-thermic




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