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The e-book contains Rate of Tax on Goods as applicable after considering all Notifications, Circulars etc. issued by CBEC from time to time till 3rd July 2017 and includes Goods taxable at Nil Rate of Tax, taxable at the rate of 5%, taxable at the rate of 12%, taxable at the rate of 18%, taxable at the rate of 28% and GST On Supply Of Gods At Same Rate As On Supply Of Similar Services.
INDEX
SCHEDULE I: LIST OF GOODS AT NIL RATE
SCHEDULE II: LIST OF GOODS AT 0.25% RATE
SCHEDULE III: LIST OF GOODS AT 3% RATE
SCHEDULE IV: LIST OF GOODS AT 5% RATE
SCHEDULE V: LIST OF GOODS AT 12% RATE
SCHEDULE VI: LIST OF GOODS AT 18% RATE
SCHEDULE VII: LIST OF GOODS AT 28% RATE
The GST rate structure for goods have been notified. For convenience, goods have been organised rate- wise in schedules I to VII as per details given below.
SCHEDULE I: LIST OF GOODS AT NIL RATE
| Sr. No. | Chapter/Heading/ Sub-heading/ Tariff item | Description of Goods |
| 1. | 0101 | Live asses, mules and hinnies |
| 2. | 0102 | Live bovine animals |
| 3. | 0103 | Live swine |
| 4. | 0104 | Live sheep and goats |
| 5. | 0105 | Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls. |
| 6. | 0106 | Other live animal such as Mammals, Birds, Insects |
| 7. | 0201 | Meat of bovine animals, fresh and chilled. |
| 8. | 0202 | Meat of bovine animals frozen [other than frozen and put up in unit container] |
| 9. | 0203 | Meat of swine, fresh, chilled or frozen [other than frozen and put up in unit container] |
| 10. | 0203 | Meat of sheep or goats, fresh, chilled or frozen [other than frozen and put up in unit container] |
| 11. | 0205 | Meat of horses, asses, mules or hinnies, fresh, chilled or frozen [other than frozen and put up in unit container] |
| 12. | 0206 | Edible offal of bovine animals, swine, sheep, goats, horses, asses, mules or hinnies, fresh, chilled or frozen [other than frozen and put up in unit container] |
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Dear Sirs,
We are manufacturing Cast Iron Weights from 50 gram to 50 Kilogram. The HSN nomenclature is WEIGHING MACHINE WEIGHTS OF ALL KINDs. The H.S.N. code s 84239010.
The confusion is parent heading of our item is weighing machine was categorized for GST @ 28%. After representation it was birfurcated as follows: 1. Weighing Machine (other than electric and electronic weighing machine) will attract GST @ 18% and Electric or electronic weighing machine will attract GST @ 28%.
Now we are confused that whether our item Cast Iron Weights (Weighing machine weights of all kinds) will be charges GST @ 18% or 28%, because weighing machines (other than electric or electronic weighing machines) can not work without WEIGHTS.
Respected Sir,
I have some query please help..
1. Whether mentioning of freight is mandatory on Bill in case of IGST sell or purchase ?
2. If IGST billing is done without mentioning freight charges whether we can take input credit on material or not ? As in most of the cases purchases / sells are done on Ex-plant basis.
3. In case of IGST purchase if bill raised by our authorized transporter, then what will be the % of tax on freight & whether we can take input credit on that tax or not ?
4. Case instance :
Tata Steel Ltd. raised Invoice for pooled iron (Ex-Plant basis) charging IGST @ 18% on material value. Wheather we can take credit or not.
We have authorized our transporter for lifting of material. Transporter will raise its Invoice to SMC. What % of tax will the transporter charge & whether we can take credit of taxes paid on freight. Bill & LR copy attached for ready reference.
Please repair the file
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