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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Please confirm GST rate of Public Addresses Systems i.e. speaker, coloumn, amplifier, horn, microphone, accessories & parts
Thanks
P.S.Negi
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?
Dear Sir,
Pl. confirm GST Rate Sale of aggregates & Artificial Sand ( Stone Crushing)
utensils are coming under 12% rate under GST, however you have mentioned it as 5%. Kindly clarify