Revised GST Tax List – The Amendments Made

GST Rates

Goods and Service Tax Bill has been introduced to ease the taxation norms in the country. The introduction of bill has affected the life of common man. The rates on certain goods have increased while on some other they have been significantly reduced. After the introduction of GST Tax List, the tax slab have been revised twice and the correction has been made in the existing list.

The council headed by Finance Minister, Arun Jaitley decided to bring the change realising the difficulties faced by the people. And if required, the correction will be made in the future as well. The revised GST Tax rate is given below. Know the difference between previous and new rates.

Rates after First Revision

  • Walnuts, whether or not shelled, Tamarind dried and Roasted Gram – The existing GST on walnuts, dried tamarind and roasted dram is 12%. After revision, the rates will drop to 5%.
  • Custard powder – The rates on custard powder have been lowered from 28% to 18%.
  • Batters, including idli / dosa batter – On the batters the rates have come down to 12% from 18%.
  • Dhoop batti, dhoop, sambhrani and other similar items – Instead of 12%, the rate of 5% will be applicable on Dhoop batti, dhoop, sambhrani and other similar items.
  • Oil cakes and Cotton seed oil cake – Earlier the rate range was nil for cattle feed and 5% for other uses. Now the rate has been fixed to 5% on Oil cakes and nil on Cotton seed oil cake irrespective of the end use.
  • Medical grade sterile disposable gloves of plastics – The rate of 28% on Medical grade sterile disposable gloves of plastics is replaced with 18% slab
  • Plastic Raincoats – On plastic raincoats the rates have been lowered down to 18%. Earlier it was covered in the 28% slab.
  • Rubber bands – On rubber bands, the customers have to pay 12% taxes, which was fixed at 28% earlier.
  • Rice rubber rolls for paddy de-husking machine – On it, the customer has to pay tax of 18% and not of 28%.
  • Duty Credit Scrips – From 12% GST on Duty Credit Scrips, the consumer now has to pay 5% .
  • Khadi fabric, sold through Khadi and Village Industries Commission outlets – The Khadi fabric was included in 5% slab but now Khadi fabric, sold through Khadi and Village Industries Commission outlets will attract 0% tax.
  • Corduroy fabrics – Now on Corduroy fabrics 5% rate will be levied with no refund of ITC. Before the rate of 12% was applied to it.
  • Saree fall – The ladies have to pay less GST on saree fall as the rates have fallen from 12% to 5%.
  • Textile caps – The textile caps will attract the Goods and Service Tax of 12%.
  • Idols made of clay – The clay idols were in the category of 28% slab but now it will be shifted in GST free category.
  • Idols of wood, stone [including marble] and metals [other than those made of precious metals] –  The idols of wood, stone and metals will attract the tax of 12%, which was fixed to 28%.
  • Rough industrial diamonds including unsorted rough diamonds – The rates have shifted from 3% to 0.25%
  • Nozzles for drip irrigation equipment or sprinklers [mechanical appliances (whether or not hand operated) for projecting, dispersing or spraying liquids or powders] – The slab have reduced to 12% from 18%.
  • Charkha for hand spinning of yarns, including amber charkha – On charkha the council has decided no tax will be levied.
  • Computer monitors upto 20” – The Computer monitors upto 17” are already at 18% and now this slab will cover monitors up to 20”.
  • Cotton quilts – All cotton quilts were charged at 18% rates but the GST has been divided according to the price. 5% on cotton quilts not exceeding Rs.1000 per piece, and 12% on cotton quilts exceeding Rs.1000 per piece has been recommended.
  • Worked corals, other than articles of coral – There is a noticeable deduction on worked coral as from the 28% slab, it has been shifted to 5%.
  • Brooms and brushes, consisting of twigs or other vegetable materials, bound together, with or without handles will have nil GST.
  • Kitchen gas lighters – Instead of 28%, the customer has to pay 18% GST on kitchen gas lighter.
  • Rosaries and prayer beads and Hawan samagri – These commodities will attract 5% rate.
  • Table and Kitchenware etc. of wood, Stone inlay work, Statues, statuettes, pedestals; high or low reliefs, crosses, figures of animals, bowls, vases, cups, cachou boxes, writing sets, ashtrays, paperweights, artificial fruit and foliage, etc; other ornamental goods essentially of stone – All these commodities will be covered under 12% slab.

Rates After Second Revision

  • On Aam Papad  the existing rate of 12% has been replaced to 5%  
  • Khakda and Papad from 12% to 5%
  • Namkeens other than those put up in unit container and, – (a) bearing a registered brand name; or (b) bearing a brand name on which an actionable claim or enforceable right in a court of law is available [other than those where any actionable claim or enforceable right in respect of such brand name has been foregone voluntarily from 12% slab has shifted to 5%
  • On Ayurvedic, Unani, Siddha, Homeopathy medicines, other than those bearing a brand name existing rate was 12% and now it is 5%                               
  • Nylon, Polyester and Acrylic from 18% to 12%
  • Handmade thread from 18% to 12%
  • Biomass briquettes from 18% to 5%
  • On Poster colors shifted from 28% to 18%
  • Modelling paste for children amusement from 28% to 18%
  • Selective stationery items from 28% to 18%
  • Selective parts of Diesel engine from 28% to 18%
  • E-Waste from 28% to 5%
  • Parts suitable for use solely or principally with power driven pumps primarily designed for handling water, namely, centrifugal pumps (horizontal and vertical), deep tube-well turbine pumps, submersible pumps, axial flow and mixed flow vertical pumps from 28% to 18%
  • Plain Shaft Bearing 8483 from 28% to 18%
  • Fittings for loose-leaf binders or files, letter clips, letter corners, paper clips, indexing tags and similar office articles, of base metal; staples in strips (for example, for offices, upholstery, packaging), of base metal from 28% to 18%
  • Cullet or other waste or scrap of Glass from 18% to 5%
  • All goods falling under heading 6802 [other than those of marble and granite or those which attract 12% GST] from 28% to 18%
  • Real Zari from 12% to 5%
  • Yarn of man-made staple fibres from 18% to 12%
  • All artificial filament yarn, such as viscose rayon, Cuprammonium from 18% to 12%
  • Paper waste or scrap from 12% to 5%
  • Hard Rubber waste or scrap from 28% to 5%
  • Plastic waste, parings or scrap from 28% to 5%
  • Imposing GST only on the net quantity of superior kerosene oil [SKO] retained for the manufacture of Linear Alkyl Benzene [LAB] the slab of 18% is applicable.
  • Yarn of man made staple fibres from 18% to 12%
  • Duty credit scrips from 5% to Nil
  • Rubber  waste, parings or scrap from 18% to 5%

Kunal Jaiswal has over 3 years of experience as a Digital Marketer. He is also passionate about Content Writing. Over the years he has been writing content on SEO, Content Marketing, SMM and Search Engine Marketing. When he is not indulging in the things as a Digital Marketer, he tries to facilitate the things by writing the content. He is fastidious, felicitous and facetious on the topics.

Leave a Reply

Your email address will not be published. Required fields are marked *