Pravin Saraswat,  FCA, CS, DISA

Pravin Saraswat, FCA, CS, DISA

Analysis of proposed GST Rates Vs existing rates is going on by different trades and industry.  There may be little variation in different states due to difference in VAT rates. GST rates are yet to be notified and may undergo changes, before the notification is issued. However, a general comparison is as under:

Name of ITEM  GST Rate (%) 

Existing Rate inclusive of VAT, Excise & Service Tax (%)

Puffed, Rice, Papad, Bread Exempt 0
Aquatic/poultry/cattle feed Exempt 0
Salt Exempt 0
Bangles (Non-Precious Metals) EXEMPT 0
Cereals 0 0
Printed books 0 0
Agricultural implements 0 12.5
Firewood 0 12.5
Sand lime bricks, fly ash bricks 5 6
Peat 5 19.5
All ores and concentrates 5 18.5
Kerosene PDS 5 17
Tar 5 12
Coal 5 12
Lignite 5 12
Steel utensils 5 18.5
Branded paneer 5 0
Branded cereals 5 0
Soyabean, groundnut, sunflower, seeds 5 6
Coffee, tea 5 6
Frozen vegetables 5 6
Sweetmeats 5 12
Bakery mixes, dough’s, pizza bread 5 12
Vegetable fats & oils 5 12
Tea concentrates, sauces, soups 5 12
Handmade safety matches 5 18.5
Broomsticks 5 18
Beet sugar, cane sugar 5 26
Nuclear fuel 5 0
Heavy water and other nuclear fuels 5 0
Compressed air 5 0
Solar water heater 5 0
Renewable energy devices 5 0
Animal or human blood vaccines 5 6
Geometry boxes 5 18.5
Construction of a complex, building, civil structure 12 15
Non-AC Restaurant 12 5.5
Sports goods 12 18.5
Bicycles 12 18.5
Spectacle lens 12 18.5
Agarbatti 12 0
Butter, ghee, cheese 12 5.5
Dry fruits 12 5.5
Frozen meal 12 6
Pencil sharpeners, knives 12 18.5
Meats & fish preparations 12 18.5
Candles 12 26
Tooth powder 12 26
Led lights 12 26
Milk beverages 12 26
Ready to eat namkeen/ bhujiya 12 26
Steam 12 0
Children’s drawing books 12 0
Fountain pen ink, ball pen ink 12 12
Wood pulp 12 12
Calendars 12 12
Power driven water pumps 12 12.5
Fertilizers 12 18.5
Tractors 12 18.5
Sewing/ knitting needles 12 18.5
Telecom 18 15
AC Restaurant 18 11.5
Petroleum coke, petroleum bitumen 18 27.5
Copper bars, rods, wires 18 18.5
Copper screws, nuts, bolts 18 18.5
Nickel bars, rods, wires 18 18.5
Aluminum ingots, rods, wires 18 18.5
Lead plates, sheets, strips 18 18.5
Zinc goods 18 18.5
Tin bars, rods 18 18.5
Cell phones 18 6
Whey proteins & fitness supplements 18 26
Hats and other head gears 18 26
Preserved Vegetables 18 0
Jams, jellies 18 12
Infant use preparations 18 19.5
Pasta, corn flakes, and cakes 18 19.5
Condensed milk 18 18.5
Toilet paper 18 18.5
Hot water bottles 18 18.5
Petroleum jelly, paraffin wax 18 20
Ice cream, instant food mixes, sherbet 18 26
Refined sugar 18 26
Soap 18 26
Dentrifices – toothpaste 18 26
Hair oil 18 26
Braille typewriters 18 13.5
Padlocks, locks 18 18.5
Helmets 18 18.5
Five-star restaurants 28 20.5
Cement 28 30
Wall paper 28 18.5
Paints and varnishes 28 26
Putty, wall fillings 28 26
Plaster 28 26
Ceramic tiles 28 26
Tempered glass 28 26
Leather bags 28 6
Air conditioners 28 26
Refrigerators 28 26
Storage water heaters 28 26
Dish washing machines 28 26
Printer, photocopier, fax machines 28 26
Wristwatches 28 26
Furniture 28 26
Video game consoles 28 26
Exercise equipment 28 26
Aluminum Foil 28 18.5
Cocoa butter, oils chocolates 28 26
Instant, aroma coffee 28 26
Coffee concentrates, custard powder 28 26
Protein concentrates, sugar syrups 28 26
Razors 28 26
Dental floss 28 26
Toothpaste 28 26
Deodorants 28 26
Aftershave 28 26
Shaving cream 28 26
tyres 28 18.5
Plastic products 28 18.5
Calcerous stone 28 18.5
Artists’, students’ or signboard colors 28 18.5
Pianos 28 26
Revolvers 28 26
Artificial Flowers 28 26
Plastic Products 28 18.5

(The author is a Jaipur based practicing Chartered Accountant and can be reached on 09829063908, indu123@hotmail.com)

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Tags : goods and services tax (1907) GST (1491)

4 responses to “New GST Rates Vs Old Indirect Tax (Excise, Service Tax & VAT)”

  1. P.S.Negi says:

    Please confirm GST rate of Public Addresses Systems i.e. speaker, coloumn, amplifier, horn, microphone, accessories & parts

    Thanks
    P.S.Negi

  2. Mullaguru V S S says:

    How is the GST segregated as SGST and CGST from the announced rates?
    i.e for if a commodity gst is under 18% slab the what % is towards CGST& what % is towards SGST?

  3. L.D.Dharmadhikari says:

    Dear Sir,

    Pl. confirm GST Rate Sale of aggregates & Artificial Sand ( Stone Crushing)

  4. Pramod Kumar says:

    utensils are coming under 12% rate under GST, however you have mentioned it as 5%. Kindly clarify

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