GST 2017: Know how much tax will be levied on Goods and Services

The much-awaited Goods and Services Tax (GST) bill was implemented across the country on Friday midnight. Not many people exactly know which product would attract how much tax after its implementation.

Sakshi Chaturvedi
Published on: 1 July 2017 11:23 AM GMT
GST 2017: Know how much tax will be levied on Goods and Services
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GST 2017: Know how much tax will be levied on Goods and Services
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Lucknow: The much-awaited Goods and Services Tax (GST) bill was implemented across the country on Friday midnight. Not many people exactly know which product would attract how much tax after its implementation.

So, newstrack.com brings you the list of all the items as per their tax slab. Check below:

ITEMS WITH NO TAX:

  • Jute
  • Fresh meat
  • Fish
  • Chicken
  • Buttermilk
  • Natural honey
  • Fresh fruits
  • Bangles
  • Eggs
  • Milk
  • Curd
  • Handloom
  • Bones and Horn cores
  • Prasad

  • Sindur
  • Bindi
  • Stamps
  • Judicial papers
  • Printed books

  • Newspapers
  • Handloom
  • Bones
  • Horn cores
  • Bone grist
  • Bone meal
  • Hoof meal
  • Horn meal
  • Cereal grains hulled
  • Palmyra jaggery
  • Salt — all types
  • Kajal
  • Children’s picture
  • Drawing or colouring books human hair

*No tax on hotels and lodges with a tariff below Rs 1,000. Rough precious and semi-precious stones, will attract a GST rate of 0.25 per cent.

GOODS WITH 5 PER CENT TAX:

  • Fish fillet
  • Apparel below Rs 1000
  • Packaged food items
  • Footwear below Rs 500
  • Cream
  • Skimmed milk powder
  • Branded paneer
  • Frozen vegetables

  • Coffee
  • Tea
  • Spices
  • Pizza bread
  • Rusk
  • Sabudana
  • Kerosene
  • Coal
  • Medicines
  • Stents
  • Lifeboats
  • Cashew nut
  • Cashew nut in shell
  • Raisin
  • Ice and snow
  • Bio gas
  • Insulin

  • Agarbatti
  • Kites
  • Postage or revenue stamps
  • Stamp-postmarks
  • First-day covers.

*Services with five percent tax include transport services (railways, air transport) and small restaurants because their main input is petroleum.

GOODS WITH 12 PER CENT TAX:

  • Apparel above Rs 1000
  • Frozen meat products
  • Butter
  • Cheese
  • Ghee
  • Dry fruits in packaged form
  • Animal fat
  • Sausage
  • Fruit juices

  • Bhujia
  • Namkeen
  • Ayurvedic medicines
  • Tooth powder
  • Agarbatti
  • Colouring books
  • Picture books
  • Umbrella
  • Sewing machine
  • Cell phones
  • Ketchup and sauces
  • All diagnostic kits and reagents
  • Exercise books and note books
  • Spoons
  • Forks

  • Ladles
  • Skimmers
  • Cake servers
  • Fish knives
  • Tongs
  • Spectacles
  • Corrective
  • Playing cards
  • Chess board
  • Carom

*Services with 12 percent tax – State-run lotteries, non-air conditioned hotels, business class air tickets, fertilisers and work contracts.

GOODS WITH 18 PER CENT TAX:

  • Footwear costing more than Rs 500
  • Trademarks
  • Goodwill
  • Software
  • Bidi patta
  • Biscuits (all categories)
  • Flavoured refined Sugar

  • Pasta
  • Cornflakes
  • Pastries and cakes
  • Preserved vegetables
  • Jams
  • Sauces
  • Soups
  • Ice-cream
  • Instant food mixes
  • Mineral water
  • Tissues

  • Envelopes
  • Tampons
  • Note books Steel products
  • Printed circuits
  • Camera
  • Speakers and monitors
  • Kajal pencil sticks
  • Headgear and parts thereof
  • Aluminium foil
  • Weighing machinery (other than electric or electronic weighing machine)

*Services with 18 percent tax will include AC hotels that serve liquor, telecom services, IT services, branded garments and financial services, room tariffs between Rs 2,500 and Rs 7,500 and restaurants inside five-star hotels.

GOODS WITH 28 PER CENT TAX:

  • Bidis
  • Chewing gum
  • Molasses

  • Chocolate not containing cocoa
  • Waffles and wafers coated with chocolate
  • Pan masala
  • Aerated water
  • Paint
  • Deodorants
  • Shaving creams
  • After shave
  • Hair shampoo
  • Dye
  • Sunscreen
  • Wallpaper
  • Ceramic tiles
  • Water heater
  • Dishwasher
  • Weighing machine
  • Washing machine
  • ATM

  • Vending machines
  • Vacuum cleaner
  • Shavers
  • Hair clippers
  • Automobiles
  • Motorcycles
  • Aircraft for personal use

*Services With 28 percent tax – private-run lotteries authorised by the states, hotels with room tariffs above Rs 7,500, 5-star hotels, race club betting and cinema.

Sakshi Chaturvedi

Sakshi Chaturvedi

A journalist, presently working as a Sub-Editor at newstrack.com.

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